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Auction archive: Lot number 323•

Ex-William Pettit 1953 Packard Carribean Custom Convertible Chassis no. 026782494

Estimate
US$90,000 - US$110,000
Price realised:
n. a.
Auction archive: Lot number 323•

Ex-William Pettit 1953 Packard Carribean Custom Convertible Chassis no. 026782494

Estimate
US$90,000 - US$110,000
Price realised:
n. a.
Beschreibung:

The 1953 Packard Caribbean Custom Convertible is such a handsome automobile, so in tune with its time, so tastefully turned out and elegantly configured that it is a tragedy that Packard management completely missed the chord this limited production model struck with the mid-Fifties automobile market when it was belatedly introduced in January 1953. Taking its cues from the 1952 Pan American show car designed under Dick Teague's guidance by Richard Arbib, the Caribbean was primarily Teague's work. The design featured a lowered chassis, a low air scoop at the very front of the hood, full rear wheel well cutout, "fishtail" rear fender termination, chrome Kelsey-Hayes wire wheels, exclusive wheel arch and rocker panel chrome moldings, special window sill chrome trim that dipped down to accent the curve of the front of the rear fender and a rear mounted enclosed spare wheel and tire. The Caribbean was powered by the 180 horsepower, 4-barrel carburetor, high compression cylinder head version of Packard's estimable 327 cubic inch straight eight engine with Ultramatic automatic transmission. Like the Pan American, the Caribbean eschewed chrome side trim and the rear fender "jet pods" that cluttered up other Packard's flanks. It was clean, distinctive, sharp and elegant. It also was well received in the market but little preparation had been made for production and deliveries didn't start until March 1953. Despite its late introduction and shipping delays by the end of 1953 Packard production 750 had been built. Production of the Caribbean began when standard Packard convertibles were shipped to the Mitchell-Bentley Corporation in Iona, Michigan where the standard convertibles were modified with their Caribbean elements. Included in the treatment was a full leather interior and paint in one of only four colors: Packard's famous Polaris Blue, Gulf Green, Matador Maroon or Sahara Sand. Hand assembled and carefully finished in a quality-oriented environment, the Packard Caribbean convertibles were the top of Packard's line in 1953, with a list price of $5,210 that was exceeded only by the semi-custom Patrician corporate/executive series sedans and limousines. Packard, however, and its new management headed by former Hotpoint appliance executive James Nance, had its eye firmly fixed on the dual goals of cost reduction and reasserting Packard's leadership in the luxury sedan field. They had a winner on their hands in the Caribbean and it pointed right to the combination of high performance and comfort as being what the market wanted. Customers were writing checks, big checks, for Caribbeans while Nance and his colleagues were trying to figure out ways to build four-door sedans in larger numbers for less money. It was only one of several missteps which led to Packard's demise, but it was a crucial oversight that robbed Packard of the one key element for success in the automobile business: exciting product. Exciting product like the 1953 Packard Caribbean Custom Convertible offered here, which spent many years in the famed collection of William Pettit, known for his 'Museum of Motoring Memories' in Virginia. Following a change of ownership in the mid-2000s, the car's older restoration was freshened with new paint in the Catelena Cream livery that you see it today. At the same time the interior was refurbished in deep burgundy leather, a new matched top was fitted and all of the chrome brightwork was refinished. The result is a sympathetic period guise in fresh and highly presentable order. Equipped with all the options of the day, which it might surprise collectors to know included power brakes, power steering and top all showing how Packard remained in keeping with the times, this elegant convertible deserves inspection.

Auction archive: Lot number 323•
Auction:
Datum:
12 Sep 2010
Auction house:
Bonhams London
Darien, Ox Ridge Hunt Club Ox Ridge Hunt Club 512 Middlesex Road Darien CT 06820 Tel: +1 212 644 9001 Fax : +1 212 644 9007 motors.us@bonhams.com
Beschreibung:

The 1953 Packard Caribbean Custom Convertible is such a handsome automobile, so in tune with its time, so tastefully turned out and elegantly configured that it is a tragedy that Packard management completely missed the chord this limited production model struck with the mid-Fifties automobile market when it was belatedly introduced in January 1953. Taking its cues from the 1952 Pan American show car designed under Dick Teague's guidance by Richard Arbib, the Caribbean was primarily Teague's work. The design featured a lowered chassis, a low air scoop at the very front of the hood, full rear wheel well cutout, "fishtail" rear fender termination, chrome Kelsey-Hayes wire wheels, exclusive wheel arch and rocker panel chrome moldings, special window sill chrome trim that dipped down to accent the curve of the front of the rear fender and a rear mounted enclosed spare wheel and tire. The Caribbean was powered by the 180 horsepower, 4-barrel carburetor, high compression cylinder head version of Packard's estimable 327 cubic inch straight eight engine with Ultramatic automatic transmission. Like the Pan American, the Caribbean eschewed chrome side trim and the rear fender "jet pods" that cluttered up other Packard's flanks. It was clean, distinctive, sharp and elegant. It also was well received in the market but little preparation had been made for production and deliveries didn't start until March 1953. Despite its late introduction and shipping delays by the end of 1953 Packard production 750 had been built. Production of the Caribbean began when standard Packard convertibles were shipped to the Mitchell-Bentley Corporation in Iona, Michigan where the standard convertibles were modified with their Caribbean elements. Included in the treatment was a full leather interior and paint in one of only four colors: Packard's famous Polaris Blue, Gulf Green, Matador Maroon or Sahara Sand. Hand assembled and carefully finished in a quality-oriented environment, the Packard Caribbean convertibles were the top of Packard's line in 1953, with a list price of $5,210 that was exceeded only by the semi-custom Patrician corporate/executive series sedans and limousines. Packard, however, and its new management headed by former Hotpoint appliance executive James Nance, had its eye firmly fixed on the dual goals of cost reduction and reasserting Packard's leadership in the luxury sedan field. They had a winner on their hands in the Caribbean and it pointed right to the combination of high performance and comfort as being what the market wanted. Customers were writing checks, big checks, for Caribbeans while Nance and his colleagues were trying to figure out ways to build four-door sedans in larger numbers for less money. It was only one of several missteps which led to Packard's demise, but it was a crucial oversight that robbed Packard of the one key element for success in the automobile business: exciting product. Exciting product like the 1953 Packard Caribbean Custom Convertible offered here, which spent many years in the famed collection of William Pettit, known for his 'Museum of Motoring Memories' in Virginia. Following a change of ownership in the mid-2000s, the car's older restoration was freshened with new paint in the Catelena Cream livery that you see it today. At the same time the interior was refurbished in deep burgundy leather, a new matched top was fitted and all of the chrome brightwork was refinished. The result is a sympathetic period guise in fresh and highly presentable order. Equipped with all the options of the day, which it might surprise collectors to know included power brakes, power steering and top all showing how Packard remained in keeping with the times, this elegant convertible deserves inspection.

Auction archive: Lot number 323•
Auction:
Datum:
12 Sep 2010
Auction house:
Bonhams London
Darien, Ox Ridge Hunt Club Ox Ridge Hunt Club 512 Middlesex Road Darien CT 06820 Tel: +1 212 644 9001 Fax : +1 212 644 9007 motors.us@bonhams.com
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