Over the weekend, RM Sotheby’s had their annual auction event at the 2016 Amelia Island Concours d’Elegance, where one lucky soul left with the keys to this: a one-off 1932 Ford Model 18 Speedster designed by Eugene T. “Bob” Gregorie and Edsel Ford.
This 1932 Ford Speedster sold with a winning bid of $770,000, and it’s easy to see why. The first of three custom Speedsters that would be designed and built at Edsel Ford’s prompting, it was wrecked and presumed scrapped for decades before being rediscovered, wearing steel fenders from a period Chevrolet in place of its original aluminum pieces. After it passed into new hands, it was lovingly restored to its original look with refinished body work and handcrafted aluminum fenders.
Apart from this 1932 Ford Model 18, the only other Edsel Ford Speedster known to survive is owned by the Edsel and Eleanor Ford House museum in Grosse Pointe, Michigan. That institution isn’t likely to ever part with theirs. That simple fact makes this car quite literally priceless, and its final price of $770,000 a relative bargain.
For the 1932 Ford Model 18 Speedster’s full history, along with a complete gallery of high-quality photographs, check out the original listing on the RM Sotheby’s website.