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News Article  
Cars and coin-ops generated high bids at Kraft auction
By Karin Milliman

Valparaiso, Ind. Ė Each year, Kraft Auction Service holds an Anniversary Auction to celebrate the career of Colonel Conrad Kraft, who started the business in 1976. This year’s event, celebrating the company’s 43rd year in business, featured high end antiques, automobiles and collectibles.

The auction is held over multiple days with rings devoted to specific categories. Highlights of the recent event included a day devoted to automobiles and toys and one devoted to coin-ops.

Cars weren’t limited to the real thing either. A green vintage Steelcraft 2988 Jordan pedal car by Murray brought a high bid of $5,250. A vintage Gendron Willy’s Knight pedal car in bright red sold to a phone bidder for $5,300. It was missing the glass windshield but was a nice original piece. A tan and white restored Steelcraft Supercharged roadster pedal car took the final bid price of $4,250. A Caterpillar D4 pedal tractor sold for a high bid of $6,750.

Moving on to the automobiles the people were waiting for, a 1928 Packard Eight Series 6337 passenger sedan brought a bid of $24,000. This one came from Tennessee and was recognized as a CCCA full classic and was eligible for all of their events. It was powered by a 90hp straight-8-cylinder engine. Mounted on the front of the car was a sliding Adonis hood ornament. Special features included dual side mounts and speed lamps. It appeared to have an older restoration job and had been sitting in storage for many years. The auction crew did manage to get the car to start and run, but discovered the gas tank needed to be cleaned before it could be driven very far.

A 1969 Jaguar E-type Series 11 Roadster brought a high bid of $36,000. This one came from an Illinois estate and was a true barn find. Under single ownership for more than 40 years, this Jaguar had been sitting in storage for the last 25 years in western Illinois. The car was powered by a 4.21-liter engine and was paired with a four-speed transmission. This classic SKE was a perfect candidate for a top-notch restoration or to simply be made into a nice daily driven car.

Bringing a hammer price of $49,500, a 1963 Porsche 356B 1600 Karmann coupe still had a period-correct air-cooled 1600cc engine and four-speed transmission. It had spent 18 years in a California estate. It was equipped with an optional exterior mirror, luggage rack, chrome wheel and hubcaps, and a vintage Porsche tool kit.

A 2001 Ferrari 360 Spider drew a lot of attention. This silver streak came from a private car collection and featured a 3.61/400 horsepower engine. It had an F1 electro-hydraulic transmission, limited-slip differential, power steering, four-wheel power disc brakes, Scuderia shields, a unique Azzurro metallic exterior with a dark blue interior and top. It also had air conditioning and a power top. This was one of only 2,389 Ferrari 360 Spiders produced from 1999 to 2005. It brought a final bid of $52,000.

Selling for $60,000 was a 1969 Dodge Charger, 500 SE. This one had a highly detailed restoration. It was powered by a 440CU IN V8 and had a Torque flite automatic transmission. The exterior was finished in the correct, special order, T5 color code copper metallic, while the interior was tan leather and vinyl with front bucket seats. Some of the options included power steering and brakes, center console, headrests, tinted glass, outside left remote mirror, air condition, and rear deck 500 stripe. There were only 13 SE models produced this year and only two of those had factory air conditioning and this is one of those two cars. This car also had a famous owner as it was owned by the NASCAR driver Buddy Arrington which helped drive the price up.

A 1939 Ford Cabriolet street rod held its own when it sold. This was powered by an LT1 Corvette engine. It had a 700R transmission, all-ride suspension and Ford rear-end. To help with the selling price was the air conditioning, power windows, and Colorado custom wheels. It only had 3,200 original miles on it since being built and was a great show car that was a shoo-in for winning trophies for years to come. The final selling price on this beauty was $53,000.

A 1963 Dodge 330 426 Max Wedge clone car powered by a 440-Cubic inch V8 dressed like a 426 Max Wedge with the correct cross ram dual quad intake and the correct exhaust manifolds and pipes. It was paired with a push-button torque flite automatic transmission. This car had undergone an extensive restoration and was a beautiful red color. The professional custom grey simulated leather interior finished the look. Its previous home was in Texas, so it was rust-free. It brought a final bid of $29,000.

Considered by some to be the holy grail of Model A’s, a 1931 Ford Model 400A convertible sedan brought $31,000.

A 1945 Harley Davidson U motorcycle was an outstanding barn find. It had been repainted in the period green paint at some point. It also had a big twin flathead. The bike had been run in the past year but it had sat for many years so it needed to be completely gone through before putting it on the road.