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£224.6k

1931 Cord L-29 Cabriolet

RM Sotheby's • US • 19 Aug 2023

Market Position:

Highest 10% of Past Sales

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£224,647

1931 Cord L-29 Cabriolet

US • 19 Aug 2023

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Vehicle Details

AI Listing Summary

This 1931 Cord L-29 Cabriolet is a multiple award-winning example from the Terence E. Adderley Collection. It features a well-documented history, including restorations by noted experts, and boasts a striking color combination and numerous desirable features.

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Condition 

8

The car has been restored twice, most recently with work completed by LaVine Restorations, and has won multiple awards at prestigious events such as Pebble Beach and the ACD Club National Reunion. The listing notes that its restoration is still showing well, and that it has been maintained to a high standard.

/ 10

2929758

1931

Auction

LHD

United States

£224.6k

1931 Cord L-29 Cabriolet

RM Sotheby's • US • 19 Aug 2023

Market Position:

Highest 10% of Past Sales

Track live values and receive listing alerts

Description

Peer beneath the imposing coachwork of nearly any grand classic and you will immediately recognize what you see: A design fundamentally like that of the everyman’s car of the era, albeit with more cylinders, more power, and higher build quality.

The Cord L-29 blazed a different trail, pairing its conventional 298-cubic-inch Lycoming L-head inline-eight engine with an ingenious front-wheel drive system inspired by the pioneering Indianapolis racecars of Harry Miller.

Beyond its novelty, Cord’s front-drive system was a boon to stylists.

With no lengthy driveshaft to accommodate, designers like the great Alan Leamy were free to pen low, rakish coachwork of dramatic proportions, all without compromising cabin space or comfort.

This is exemplified by the exceptional L-29 on offer, serial number 2929758.

Certified as an original L-29 Cabriolet by the Auburn Cord Duesenberg Club, its history includes long-term California ownership by enthusiasts Ernie Mendicki, Bob Morehouse, and William...

Price Analysis vs Other L-29s

£69,956

Lowest Price (Since 2020)

£140,966

Median Price (Since 2020)

£318,795

Highest Price (Since 2020)

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World Record

If this vehicle sells at the mid-point of its estimate it will set a new world record for the [enter model]

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Highest 10% of Past Sales

Compared to previous sales, the sale price placed this vehicle in the highest 10% of past sales for the L-29.

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Lowest Price

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Average Price

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen [enter number] sold before

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This vehicle is an icon of the game. Any collection would benefit from having one

Previous L-29 Sales

MOT Information

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Latest MOT mileage:

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MOT History

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Auction House Headquarters

RM Sotheby's

1 Classic Car Drive, Blenheim, Ontario, N0P 1A0, Canada

Operating from Blenheim, Ontario, RM Sotheby's is a physical auction house handling high-end classic, historic competition, and collector cars. They conduct live auctions globally and offer vehicle consignment and private sales.

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