10:00AM April 27th 2019
THE TUPELO AUTOMOBILE MUSEUM
1 Otis Blvd
Tupelo MS 38804 USA
Frank Spain established the Tupelo Automobile Museum in 2002 to display the collection he and his wife Jane began building in the 1970s. The collection specialised in cars that depicted the journey of automobile development between the 1890s and 1970s. Frank Spain died back in 2006 and thanks to Wayne Carini (Chasing Classic Cars fame) and Jane Spain, the difficult decision has been made to pass on Franks legacy to others with the proceeds of the sale going to a Charitable Education Foundation.
Tucker was something of an oddity and almost totally unknown prior to the Francis Ford Coppola 1988 movie “Tucker” which showed what a genius he was and how the big three conspired with the government of the day to kill developments that would have made their products outdated overnight. In many respects the Tucker story is the Tesla story but with a totally different outcome and one that is debated to this day. Just 51 Tucker 48s were completed, partially or fully, when the IRS closed production down and for many years they were little more than misunderstood quirky collectibles. The advent of the collector car market in the 1980s saw them gain attention as both all American and revolutionary while the movie made them iconic.
Simply the most important car in the Tupelo Museum is the Tucker #1028 which is one of 47 survivors of the marque and one of six Tuckers owned by Bob Turner in the 1950s and passed through two further ownerships and a 1980s restoration before passing to Spain in 1996. One of the key American cars, Tuckers have recently been fetching $1.4 – 2 million and Bonhams have estimated the car at $1.25 – 2 mil so its bang on market but I wouldn’t be surprised to see this example blow through the high and sell for more than $2 million.