Barrett-Jackson enjoys $51.9-million in Saturday sales

Barrett-Jackson enjoys $51.9-million in Saturday sales

Overall, 2014 sales show a 10.6-percent improvement vs. previous year totals with two auctions — Barrett-Jackson and Russo and Steelecontinuing through Sunday.

Photo by Larry Edsall

Photo by Larry Edsall

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.

Saturday, January 18

Overall from all auction companies

Cumulative Total: $239.3M

2,076/2,510 lots sold: 83% sell-through rate

Average Sale Price: $115,248

 2013 Cumulative Results Through Saturday

Cumulative Total: $216.2M

1,980/2,384 lots sold: 83% sell-through rate

Average Sale Price:  $109,177

Overall Top 10 Sales from all auctions through Saturday:

1.       1958 Ferrari 250 GT California LWB Spyder sold for $8,800,000 (RM)
2.       1958 Ferrari 250 GT Cabriolet sold for $6,160,000 (Gooding)
3.       1997 McLaren F1 GTR Longtail Coupe sold for $5,280,000 (Gooding)
4.       1967 Chevrolet Corvette L88 Coupe sold for $3,850,000 (Barrett-Jackson)
5.       1956 Ferrari 410 Superamerica SI Coupe sold for $3,300,000 (Gooding)
6.       1951 Ferrari 212 Export Coupe sold for $3,190,000 (Bonhams)
7.       1931 Alfa Romeo 6C 1750 Gran Sport Spider sold for $3,080,000 (Bonhams)
8.       1969 Chevrolet Corvette #57 Rebel L88 Convertible sold for $2,860,000 (Barrett-Jackson)
9.       1961 Porsche 718 RS 61 Spyder sold for $2,750,000 (RM)
10.   1966 Ferrari 275 GTB/6C Coupe sold for $2,640,000 (Bonhams)

Results by auction company

Barrett-Jackson

Cumulative Total through Saturday: $100.9M

1,246/1,255 lots sold: 99% sell-through rate

Average Sale Price: $80,942

Overall Top 10 Sales:

1.       1967 Chevrolet Corvette L88 Coupe sold for $3,850,000
2.       1969 Chevrolet Corvette #57 Rebel L88 Convertible sold for $2,860,000
3.       1955 Mercedes-Benz 300SL Gullwing Coupe sold for $2,090,000
4.       1998 Ferrari F300 Race Car sold for $1,870,000
5.       1963 Shelby Cooper Monaco King Cobra sold for $1,650,000
6.       1929 Duesenberg SJ Lebaron Dual Cowl Phaeton sold for $1,430,000
7.       2008 Bugatti Veyron 16.4 Base Coupe sold for $1,375,000
8.       1968 Chevrolet Corvette L88 Convertible sold for $880,000
9.       1953 Chevrolet Corvette Convertible and 2003 Chevrolet Corvette 50th Anniversary sold for $770,000 (sold as a pair)
10.   1959 Cessna L-19E Airplane and 1958 Dodge M37 Military Truck sold for $750,000 (sold as a pair)*

* Sold for charity

Saturday total: $51.9M |267/275 lots sold: 97% sell-through rate | Average Sale Price: $194,502

Top 5 Saturday Sales:

1.       1967 Chevrolet Corvette L88 Coupe sold for $3,850,000
2.       1969 Chevrolet Corvette #57 Rebel L88 Convertible sold for $2,860,000
3.       1955 Mercedes-Benz 300SL Gullwing Coupe sold for $2,090,000
4.       1998 Ferrari F300 Race Car sold for $1,870,000
5.       1963 Shelby Cooper Monaco King Cobra sold for $1,650,000

2013 Results Through Saturday

Cumulative Total: $96.6M |1,188/1,191 sold: 99.9% sell-through rate |Average Sale Price: $81,324

Bonhams

Overall total (from one-day auction ended Thursday): $23.5M

86/101 lots sold: 85% sell-through rate

Average Sale Price: $272,890

Overall Top 10 Sales:

1.                   1951 Ferrari 212 Export Coupe sold for $3,190,000
2.                   1931 Alfa Romeo 6C 1750 Gran Sport Spider sold for $3,080,000
3.                   1966 Ferrari 275 GTB/6C Coupe sold for $2,640,000
4.                   1936 Mercedes-Benz 500K Sports Phaeton sold for $1,430,000
5.                   1961 Mercedes-Benz 300SL Roadster sold for $1,237,500
6.                   1955 Mercedes-Benz 300SL Gullwing Coupe sold for $1,078,000
7.                   1968 Ferrari 330 GTC Coupe sold for $803,000
8.                   1967 Ferrari 330 GTC Coupe sold for $660,000
9.                   1947 Bentley Mk VI Coupe sold for $605,000
10.               1935 Auburn 851 Supercharged Boattail Speedster sold for $467,500

Overall 2013 Results

Total: $13.4M | 91/112 lots sold: 81% sell-through rate | Average Sale Price: $147,296

Gooding & Company

Overall Total (from two-day-auction ending Saturday): $48.9M

109/117 lots sold: 93% sell-through rate

Average Sale Price: $448,730

Overall Top 10 Sales:

1.       1958 Ferrari 250 GT Cabriolet sold for $6,160,000
2.       1997 McLaren F1 GTR Longtail Coupe sold for $5,280,000
3.       1956 Ferrari 410 Superamerica SI Coupe sold for $3,300,000
4.       1961 Ferrari 250 GT Speciale Coupe sold for $2,365,000
5.       1929 Duesenberg Model J LeBaron Dual Cowl Phaeton sold for $2,090,000
6.       1967 Ferrari 330 GTS Spyder sold for $2,062,500
7.       1956 Mercedes-Benz 300SL Gullwing Coupe sold for $1,897,500
8.       1955 Lancia Aurelia B24 Spider America Convertible sold for $1,815,000
9.       1952 Ferrari 212 Inter Coupe sold for $1,787,500
10.   1959 Mercedes-Benz 300SL Roadster sold for $1,430,000

Saturday total: $22.9M | 52/58 lots sold: 90% sell-through rate | Average Sale Price: $439,820

Top 5 Saturday Sales:

1.       1997 McLaren F1 GTR Longtail Coupe sold for $5,280,000
2.       1929 Duesenberg Model J LeBaron Dual Cowl Phaeton sold for $2,090,000
3.       1967 Ferrari 330 GTS Spyder sold for $2,062,500
4.       1955 Lancia Aurelia B24 Spider America Convertible sold for $1,815,000
5.       1952 Ferrari 212 Inter Coupe sold for $1,787,500

Overall 2013 Results

Total: $52.6M | 101/104 lots sold: 97% sell-through rate |Average Sale Price: $520,371

RM Auctions

Overall Total (from two-day sale ended Friday): $45.6M

108/126 lots sold: 86% sell-through rate

Average Sale Price: $421,884

Overall Top 10 Sales:

1.       1958 Ferrari 250 GT California LWB Spyder sold for $8,800,000
2.       1961 Porsche 718 RS 61 Spyder sold for $2,750,000
3.       1964 Ferrari 250 GT Lusso Coupe sold for $2,447,500
4.       1930 Duesenberg Model J Disappearing Top Convertible sold for $2,200,000
5.       1966 Ferrari 275 GTB Coupe sold for $1,815,000
6.       1995 Ferrari F50 Coupe sold for $1,650,000
7.       1966 Ferrari 275 GTS Spyder sold for $1,485,000
8.       1956 Mercedes-Benz 300SL Gullwing Coupe sold for $1,292,500
9.       1958 Mercedes-Benz 300SL Roadster sold for $1,045,000
9.       1935 Hispano-Suiza J12 Cabriolet de Ville sold for $1,045,000
 

Overall 2013 Results

Total: $36.4M | 75/84 lots sold: 89% sell-through rate | Average Sale Price: $485,544

Russo and Steele

Cumulative Total through Saturday: $17.3M

348/580 lots sold: 60% sell-through rate

Average Sale Price: $49,829

Overall Top 10 Sales:

1.       1966 Lamborghini 350GT Coupe sold for $742,500
2.       1963 Pontiac LeMans SD Lightweight Coupe sold for $335,500
3.       2008 Mercedes-Benz SLR Roadster sold for $308,000
4.       1971 Chevrolet Corvette SS 454 Convertible sold for $250,250
5.       1964 Porsche 356SC Cabriolet sold for $242,000
6.       2013 Dodge Viper GTS Coupe sold for $236,500
7.       1953 Chevrolet Corvette Roadster sold for $225,500
8.       1970 Ford Mustang Boss 429 Fastback sold for $220,000
9.       1941 Packard Sedan Presidential Parade Car sold for $192,500
10.   1966 Shelby GT350 Fastback sold for $187,000

Saturday total: $8.2M | 91/178 lots sold: 51% | Average Sale Price: $90,245

Top 5 Saturday Sales:

1.       1966 Lamborghini 350GT Coupe sold for $742,500
2.       1963 Pontiac LeMans SD Lightweight Coupe sold for $335,500
3.       2008 Mercedes-Benz SLR Roadster sold for $308,000
4.       1971 Chevrolet Corvette SS 454 Convertible sold for $250,250
5.       1964 Porsche 356SC Cabriolet sold for $242,000

2013 Results Through Satuday

Cumulative Total: $14.3M | 316/544 sold: 58% | Average Sale Price: $45,359

Silver Auctions

Cumulative Total (from two-day sale ending Saturday): $3.1M

179/331 lots sold: 54%

Average Sale Price: $17,414

Overall Top 10 Sales:

1.       1972 Jaguar E-Type SIII Convertible sold for $81,540
2.       1948 Cadillac Model 62 Convertible sold for $76,140
3.       2009 Dodge Viper Coupe sold for $71,280
4.       1958 Chevrolet Corvette Convertible sold for $70,200
5.       1963 Chevrolet Impala Hardtop Coupe sold for $69,660
6.       1956 Mercury Monterey Hardtop sold for $62,640
7.       1947 Oldsmobile Woody Station Wagon sold for $59,400
8.       1956 Chevrolet Bel Air Convertible sold for $59,400
9.       1956 Chevrolet Sedan Delivery Custom sold for $41,580
10.   1941 Ford Super Deluxe Convertible sold for $40,500

Saturday total: $2.0M | 107/192 lots sold: 56% | Average Sale Price: $18,814

Top 5 Saturday Sales:

1.       1972 Jaguar E-Type SIII Convertible sold for $81,540
2.       1948 Cadillac Model 62 Convertible sold for $76,140
3.       1958 Chevrolet Corvette Convertible sold for $70,200
4.       1963 Chevrolet Impala Hardtop Coupe sold for $69,660
5.       1956 Chevrolet Bel Air Convertible sold for $59,400

Overall 2013 Results

Total: $2.8M | 209/349 lots sold: 60% sell-through rate | Average Sale Price: $13,628

Editor’s note (part 2): Even with two of the sales already completed, classic car auction week in Arizona had a huge day Saturday, posting $85 million in transactions. Barrett-Jackson’s Super Saturday alone did $51.9 million in sales, with Gooding & Company at $22.9 million. Overall, 2014 sales show a 10.6-percent improvement vs. previous year totals with two auctions — Barrett-Jackson and Russo and Steele (which so far has posted a 20-percent increase compared to 2013) — continuing through Sunday.

 

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