In the newsletter this week was a 1936 Packard 12 Convertible that “presents wonderfully,” according to Dan Schmitt & Co. They have it in their facility in St Louis. They report that the interior is trimmed in beautifully supple leather with beautiful wood trim.
They say it is a California car, the top of the line Packard Twelve Convertible Sedan, a big smooth shifting car that was one of the most expensive Packards of its time. The big V-12 engine is rated at 473 ci and 175 horsepower. Dan Schmitt & Co tells us it has only 23,484 miles showing which is believed to be the original mileage. It comes with duel side-mount spare tires, wire wheels, rich and supple leather interior and the divider window. It was a low production car and they figure it is one of only a handful that actually exist. It still has its Motorola radio and antenna.
The big 5-passenger Convertible Sedan features a just freshened older restoration and presents wonderfully. The interior is trimmed in beautifully supple leather and is complimented by striking painted wood trim.
It was produced by Murray and Bears, the Dietrich body name plate, and at 5,945lbs it was also the heaviest of all production V-12s. Dietrich bodied Twelves are considered the pinnacle of classic era Packard design and engineering. They are simply the ultimate, both when new and still today. The investment potential of classic Packard’s is well-known. In fact, according to Knight Frank’s Wealth Report, classic cars were the top-performing collectible asset with prices surging 23-percent in the 12-months ending in the third quarter of 2012.