REDC, a real estate auction company that has auctioned more than 100,000 properties for $7 billion during the nation’s foreclosure crisis, has partnered with the Experimental Aircraft Association (EAA) to auction aircraft at “The Spirit of Aviation Aircraft Auction” Saturday, July 31, during AirVenture at Wittman Regional Airport in Oshkosh.
The auction features historic aircraft, including a Grumman TBM-3U built in 1944 that has a starting auction bid of $290,000 and a Stinson SR-10 built for and flown by then Shell Oil Company VP Jimmy Doolittle, the former World War II hero.
To view all the aircraft in the auction, go to Airventure.org/Auction. Aircraft will be added on a regular basis. Pre-auction bids are being accepted and aircraft may be pre-sold.
“This is a great opportunity for those who want to buy or sell an aircraft at a unique, world-class venue and event,” says Jeffrey Frieden, CEO of REDC. “This auction will bring together people and aircraft in a way not seen before in the aviation community.”
The consigned aircraft in the auction range from privately owned recreational aircraft to rare vintage and warbird aircraft, and larger general aviation planes. Here are some other aircraft in the auction:
- Monocoupe 110 Special: Built in 1998 with a starting bid of $55,000, this one-of-a-kind aircraft is a customized remake from the Golden Era of air racing from the 1920s and 1930s takes the successful Moncoupe of that time and incorporates modern technology to deliver the Super 110.
- Grumman FM-2 Wildcat: This aircraft is museum quality and available for pre-auction inspections. Starting bid of $690,000.
- Songbird III – Cessna 310D: 1960 Cessna 310D that underwent complete restoration. This aircraft was actually used in the promotion of the 1960’s television series “Sky King” and the only remaining aircraft from that show. Starting bid $169,000.
All aircraft are reviewed by an EAA committee before acceptance into the auction and will be available for viewing on the grounds at Oshkosh at least 48 hours prior to the auction. Additionally, Air Fleet Capital and EAA insurance services are available via the website to learn about finance and insurance options.
“For decades, AirVenture attendees have seen bulletin boards plastered with dozens of handbills offering aircraft for sale and that makes sense, since tens of thousands of pilots discover that their next airplane is available at Oshkosh,” said Rick Larsen, EAA’s vice president of marketing. “This auction is an option for those who want to make that connection to sell or buy an airplane while on the grounds. EAA is working to ensure that a variety of interesting aircraft will be part of this sale, along the entire spectrum of price ranges.”
For more information: AirVenture.org/Auction
