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Provenance helps hot rods sell at Monterey auctions

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Provenance helps hot rods sell at Monterey auctions

Chrysler’s SR-392 hot rod raked in $247,500 at Russo and Steele’s Monterey auction.
photo courtesy Chrysler

Traditionally, the place to sell a street rod, hot rod or custom for big bucks has been Scottsdale in January, but it appears the more prestigious auction houses that run events during the Monterey weekend in August have caught on to the potential of hot rods.

For example, Chrysler’s SR-392, a fenderless hot rod with plenty of traditional hot rodding design cues that Chrysler built to show off its 392-cu.in. new Hemi crate engine at the 2007 SEMA show, hammered at the Russo and Steele Monterey auction this past weekend for $247,500. Of course, the brief but starry history of the SR-392 didn’t hurt that figure. Chrysler’s Mark Allen and Ralph Gilles designed the SR-392 around a Shadow Rods steel roadster body, and Quality Metalcraft’s Michael Chetcuti performed much of the fabrication work.

Provenance helped boost another rod into six-figure territory, this one a Deuce roadster once owned by Rod & Custom editor Andy Southard and famed rod builder Andy Brizio. How else to explain the full-fendered, 283/Powerglide-equipped rod’s hammer price of $126,500 at RM Auctions’ event this past weekend?

And the modern street rod hasn’t breathed its last. Without a major name or major national award mentioned in its auction description (though it did appear on a recent street rod magazine’s cover), the mostly monochromatic Orange Crush 1939 Ford convertible still brought down $110,000 at the RM event.

(This post originally appeared in the August 21, 2008, issue of the Hemmings eWeekly Newsletter.)


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