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LEAKE AUCTION
HOW IT ALL BEGAN

Press Releases
Tulsa 2005 Leake Auction -- A "WOW"

Tulsa, Oklahoma (June 2005) - “A howling success,” was the way Richard Sevenoaks, president of Leake Auction Company, described the Leake Collector Car auction held in Tulsa’s EXPO Square June 10-12. “We had a fabulous sale,” he added. Not only did we sell almost $9 million in cars and collectibles but with 636 cars offered for auction, we had the largest selection we’ve ever had. It was a tremendous weekend.”

In all, 398 cars and collectibles were sold during the three-day auction. The sale of all items totaled $8,751,799. “The auction market continues to be strong,” said Sevenoaks. “As we have discovered in both our Oklahoma City and Dallas sales in the last twelve months the public still has a longing for these marvelous machines.”

The Depression may have been a desperate time for the nation, but judging from the sales results the auto manufacturers of the time put together some of the finest and most highly sought-after cars ever. During the weekend of the auction the top three sales went to cars made in the 1930s. Topping the list was a 1931 Cadillac V-16 Series 452A which went for $325,000. In second place was a 1930 Packard Model 745 which garnered $226,800. Packard also supplied the next car on the list: a 1934 Super 8 Series 1104 which brought $166,860.

The Amos Minter collection consisting of three T-Birds, one each from 1955, 1956 and 1957, sold at no reserve for a total of $221,670.

Muscle and collector cars of the 1950s, ‘60s and ‘70s continued to sell very well. Fords, Chevrolets, Plymouths, Pontiacs, Shelbys, Dodges, Mercurys and Chryslers all sold in the $50,000 - $100,000 price range.

Of course, it’s nice to have a stuffed wallet in any auction but, as in previous Leake auctions, you could find a bargain. A 1976 Chrysler Cordoba went for only $350 and a 1980 Mercedes-Benz 300 was purchased for $475. Many automobiles sold for under $10,000 with names like Rolls-Royce, Mercedes-Benz, BMW, Studebaker, Lincoln Continental, Triumph and Packard represented. For those looking for off-beat items perhaps the most unusual was a year-old log chapel. It went for $9,000.

The next Kruse-Leake Auction Company auction will be held Nov. 18-20 in the Dallas Market Hall in Dallas, TX. Leake Auction Company is currently looking for feature cars for the Dallas Auction. For information to consign or purchase a car at the auction call Richard Sevenoaks or Mac Durnil at (800) 722-9942. Leake Auction may also be contacted via e-mail: info@leakecar.com or visit our website at www.leakecar.com.

Dallas, Texas
November 21-23, 2008
600 Cars Expected
Link to Dallas
36th year - Largest collector car auction in Texas. All indoors at the Dallas Market Hall.
Oklahoma City, Oklahoma
February 20-21, 2009
400 Cars
Link to Oklahoma City
25th year - All indoors at the Oklahoma City Fairgrounds, Cox Pavilion.
San Antonio, Texas
March 21, 2009
300 Cars
Link to San Antonio
Located at the Alamodome
Tulsa, Oklahoma
June 12-14, 2009
750 Cars
Link to Tulsa
37th year - Largest collector car auction in the Midwest. All indoors at the QuikTrip Center.
Houston, Texas
September 19, 2009
300 Cars Expected
Link to Houston
Due to Hurricane Ike, the 2008 Houston Kruse-Leake Auction has been canceled. Information on 2009 coming soon!
 
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