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1956 Studebaker President Classic

No reserve
1 of 73
Auction Sold
Sold
  • Sold forTag
  • Ended
    Tue, Jun 11, 2024
    7:20 pm UTC
  • BidsUser28
  • ViewsEye outline31,717
  • LocationPin outlineNewton, Georgia
Seller
Chassis/VIN7182812
Mileage indicated71,322 Miles TMU
Engine289 cu-in V8
TransmissionAutomatic
Addenda and Errata

Please note that additional images have been added to the Photo Gallery.

Description

OFFERED WITHOUT RESERVE

This very special collection is offered from Dr. Karl Peace, an esteemed collector dedicated to the Studebaker marque. Following his donation, in its entirety, of his car collection to the Georgia Southern University Foundation, the collection is offered, entirely without reserve, via Hagerty Marketplace.

In 1955, Studebaker revived the top-line President series which had been dormant since before World War II. The range was composed of sedans, coupes, and the short-lived President Speedster, all powered by the Studebaker overhead-valve V8 which was stroked out to 289 cu-in and 210 horsepower for 1956. The increase in power meant the Automatic Drive transmission was exchanged for a new “Flightomatic” transmission for smoother starts and seamless gear changes. Representing the most luxurious driving experience offered by Studebaker at the time of its release, Presidents are appreciated by collectors for their powerful V8 engine, generous appointments, and classic 1950s styling.

Highlights 

  • Offered from The Dr. Karl Peace & Georgia Southern University Car Collection 

  • First year of the returning top-line President model  

  • Powered by a 289 cu-in V8 rated at 210 horsepower 

  • “Flightomatic” automatic transmission 

  • Finished in a pink and white two-tone over pink and white cloth and vinyl upholstery 

  • Steel wheels with polished hub caps and mounted with wide whitewall tires 

  • This 1956 Studebaker President Classic is offered with the five-digit odometer currently showing 71,322 miles at the time of listing; however, the true mileage is unknown  

Features 

  • President hood ornament 

  • Chrome bumpers and trim 

  • Dual exterior rearview mirrors 

  • Wide-view windshield  

  • Vent windows 

  • Non-glare roll-top dashboard 

  • Three-spoke steering wheel with horn ring 

  • Barrel-type speedometer  

  • Push-button radio 

  • Under-dash-mounted FM radio 

  • Door-mounted armrests 

  • Lockable glove compartment  

  • Dual sun visors  

  • Rear fold-down armrest 

  • Tan carpeting 

  • 12-volt electrical system 

Known Imperfections 

  • Please note that all lots in The Dr. Karl Peace & Georgia Southern University Collection are offered after many years of storage, without operation, in a garage facility. The Hagerty Marketplace Team endeavored to bring the cars back to running potential, however, as a result of the extended passive display, it is to be assumed that all lots will require additional mechanical attention before being driven safely on open roads. All the cars will have imperfections associated with long-term storage and require sorting to perform best and safely. All lots are sold as is, where is. 

  • Major leak noted on the torque converter seal 

  • Front crank shaft seal is leaking 

  • Staining on the carpet near the transmission tunnel 

  • Cracks in the steering wheel 

  • Corrosion/pitting on the interior door panel trim 

  • Deteriorated driver’s-side door panel 

  • Rust noted at the bottom of the rear passenger’s-side door jamb 

  • Staining on the rear package tray 

  • Analog clock is included but not installed 

  • Dirt and rust noted in the engine bay 

  • Minor rust noted on the wheels 

Included 

  • Analog clock (removed) 

  • Additional hub cap 

  • 1956 Studebaker owner’s manual 

Additional Notes

Title in transit.

Dr. Peace began a career in biostatistics in the pharmaceutical industry in 1978. His early career path saw him rise to vice president of worldwide technical operations at Parke-Davis / Warner Lambert, followed by his founding of Biopharmaceutical Research Consultants Inc. in 1989. Dozens of international biotech and pharmaceutical companies relied on his expertise for development and regulatory approval of dozens of medicines, including drugs used to treat Alzheimer’s disease, hypertension, arthritis, anxiety, depression and panic attacks, and gastrointestinal ulcers. In 1998 Dr. Peace approached Georgia Southern University with a plan to establish a biostatistics center, a corresponding program of study in biostatistics at the graduate level, and a school of public health. He returned to the Statesboro, Georgia, campus in the fall of 2000, when Georgia Southern began to offer the Master of Public Health degree in biostatistics. In 2004, his endowment to honor his late wife led to the creation of the Jiann-Ping Hsu College of Public Health. He is author, co-author or editor of 15 books, 22 book chapters, and over 100 articles in the scientific, medical or biostatistical literature; and is the recipient of over 50 prestigious awards.

Georgia Southern University’s 10 colleges, schools and departments offer 132 different degree programs at the bachelor’s, master’s and doctorate levels. These programs are offered on the University’s beautiful campuses in Statesboro, Savannah, Hinesville and through online instruction. A unit of the University System of Georgia, the University boasts 300-plus student organizations, outstanding Division I athletics and state-of-the art residence halls and campus facilities. Since 1906, the University’s hallmark has been a culture of engagement that bridges theory with practice, extends the learning environment beyond the classroom and promotes student growth and life success.

Additionally, due to the remote location of the collection and limited access to the facility following the close of the auction, all lots must be retrieved while a Hagerty Marketplace representative is onsite beginning Wednesday, June 19 through Thursday, June 27. No cars can be retrieved prior to June 19 and any lots remaining after June 27 will be transported to the Hagerty Garage + Social in Savannah, Georgia (with costs of transport and a $50/day storage fee assessed to the buyer).

A Broad Arrow Group Consignment Specialist is working as an agent on behalf of the owner of this vehicle.

Contact: Ramsey Potts Phone: 912.508.4096 email: rpotts@hagerty.com

Bids

6/11/24 at 7:17 PM

$6,000

6/11/24 at 6:48 PM

$5,750

6/11/24 at 6:40 PM

$5,500

6/11/24 at 6:30 PM

$5,000

6/11/24 at 5:29 PM

$4,900

View all (28)
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