Automobilia collection kept bidders engaged at Milestone’s $600K auction

Very rare 1936 Packard 1407 Coupe with rumble seat. Complete with V12 473-cubic-inch 175hp engine and original 3-speed transmission. Excellent condition, odometer showing 64,033 actual miles. Accompanied by large assortment of extra parts. Sold for $140,400 against an estimate of $120,000-$150,000

WILLOUGHBY, Ohio – The multifaceted collection of the late Mark Smith was the cornerstone of an exciting $613,000 event at Milestone Auctions’ suburban Cleveland gallery on October 15th. Smith, a Virginia businessman, was a passionate and very hands-on collector of automotive advertising and memorabilia, a reflection of his involvement in the car industry. But there was much more to Smith’s collecting interests than just motoring, said Miles King, co-owner of Milestone Auctions.

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