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LOS ANGELES,
CA, October 29, 2005 – Braun, a leading nation-wide
valuation, auction, and acquisition services
firm, reported a world record sale when it auctioned a
1932 Ford Model 18 Roadster for $522,625. Braun
was retained to auction the estate of famed hot rod
developer Ermie Immerso, who passed away in 2004.
Among the
famous vehicles auctioned on Saturday were the
"Golden Star", a 1925 Ford T-track Roadster with
an Indy Cammer engine, and
the "Orange Twist" – the record setting 1932
Ford Model 18 original steel body Roadster
with Ardun heads. Both vehicles were awarded Best of Show
at the Oakland Roadster Show and also received
the "America’s Most Beautiful Roadster"
awards. Both cars were won at auction by the Peterson
Automotive Museum of Los
Angeles, CA. Other
vehicles sold for record prices including an all original
1940 Ford 2-door Coupe ($48,025) and a 1929 Ford
Hi-boy Roadster ($50,850). Rare car engine and body
components were sold to a record number of buyers who
participated from all over the United States. "This
sale was a tribute to the ingenuity, creativity and
craftsmanship that Ermie [Immerso] displayed throughout
his life," said Todd Wohl, Chief Auctioneer for
Braun. "I am gratified to see that Hot Rod’s are
achieving sale prices equal
to some of the most regarded collector automobiles such as
Dusenbergs, Ferraris, American
Muscle Cars and many other vehicles."
About Braun,
Inc.
Braun, Inc., provides valuation, auction and acquisition
services to individuals and businesses worldwide. For
more information about
Braun, please visit www.braunco.com
Contacts:
Alex Grossman
Braun, Inc.
310-798-3123, x100
1800 Avenue of the Stars
Suite 310
Los Angeles, CA 90067
(310) 798-3123
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