Silver Auctions’ Spring in Arizona sale sent some 180 cars across the block.
Photos by Larry Edsall
Silver Auctions’ Spring in Arizona sale sent some 180 cars across the block. More than 100 of them were hammered sold, generating $1.475 million (including sales commissions).
Do the math and that figures out to an average transaction price of $14,469.
The most expensive purchase at the auction was $54,000 for a 1963 Chevrolet Corvette roadster. A 1968 Chevrolet Camaro convertible went for $52,920.
On the other hand, there were plenty of cars that sold for four figures.
High bids of the auction were $72,000 for a 1964 Corvette coupe and $66,000 for a 1940 Ford convertible, though neither of those figures met the owners’ reserve price. The sell-through rate was 56 percent.
Silver’s next auction is April 11-12 at Portland, Ore.