Hammer prices accelerating at Barrett-Jackson

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Couple considers a 1954 Kaiser Darrin at Barrett-Jackson | Photo by Bob Golfen
Considering a 1954 Kaiser Darrin at Barrett-Jackson | Photo by Bob Golfen
Considering a 1954 Kaiser Darrin at Barrett-Jackson | Photo by Bob Golfen

 

Editor’s note: Throughout Arizona Auction Week, we’ll be bringing you daily results as reported to us by Hagerty Insurance, which staffs each of the venues and tracks the sales. These are raw results witnessed by Hagerty and may not include any post-sale transactions. The figures do include the buyer’s premiums.

Wednesday, January 15

Barrett-Jackson

Cumulative Total through Wednesday: $14.6M

425/425 lots sold: 100% sell-through rate

Average Sale Price: $34,461

Overall Top 10 Sales:

1.       2012 Ford F-350 Pickup sold for $200,000*
2.       1969 Ford Talladega Sportsroof Coupe sold for $110,000
3.       2013 Ford Mustang Coupe sold for $110,000*
4.       1970 Dodge Challenger R/T Hardtop Coupe sold for $101,200
5.       1957 Chevrolet Bel Air Custom Convertible sold for $99,000
6.       1968 Plymouth Satellite Custom Convertible sold for $88,000
7.       1978 Chevrolet Corvette Indy Pace Car Coupe sold for $82,500
8.       1941 Dodge Custom 4×4 Pickup sold for $82,500
9.   1958 Chevrolet Impala Custom Hardtop sold for $82,500
10.   1952 Chevrolet Custom Sedan Delivery sold for $82,500

* Sold for charity

Wednesday total: $10.3M |274/274 lots sold: 100% | Average Sale Price: $37,471

Top 5 Wednesday Sales:

1.       2012 Ford F-350 Pickup sold for $200,000*
2.       1970 Dodge Challenger R/T Hardtop Coupe sold for $101,200
3.       1957 Chevrolet Bel Air Custom Convertible sold for $99,000
4.       1968 Plymouth Satellite Custom Convertible sold for $88,000
5.       1978 Chevrolet Corvette Indy Pace Car Coupe sold for $82,500
6.       1941 Dodge Custom 4×4 Pickup sold for $82,500
7.       1952 Chevrolet Custom Sedan Delivery sold for $82,500

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* Sold for charity

2013 Results Through Wednesday

Cumulative Total: $11.6M |406/406 sold: 100% |Average Sale Price: $28,593

Editor’s note (Part 2): Though Barrett-Jackson has sold fewer cars through the first two days of its sale this year, they are selling on average for 20 percent more than a year ago.

 

 

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A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the Web and becoming the author of more than 15 books. In addition to being Editorial Director at ClassicCars.com, Larry has written for The New York Times, writes a weekly automotive feature for The Detroit News and is an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.

1 COMMENT

  1. Here we go again. Speculators are ruining the hobby for the car guys. Looking to flip a car and make a quick buck, they drive up prices to an artificial level. Then when the average folks jump into the market, they bubble bursts and they get hurt. How many times must it happen? A fool and his money are soon parted. Look for cars that have had a steady value over the years. Beware the Hemi , Ferrari, muscle car, etc etc boom bust cars.

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