Modern exotics and supercars were in the spotlight Thursday at the classic and collector car auctions in Arizona, and Hagerty notes that “most of them did well.”
Throughout the week, the classic car insurance and price-tracking company has personnel monitoring each of the auctions and provides a daily report to the media.
While the top price paid Thursday was $3 million for a 1929 Duesenberg Model J Disappearing-Top Torpedo convertible coupe sold at RM Sotheby’s sale, Hagerty was particularly impressed with the winning bids on a 2015 McLaren P1 ($2.09 million at Bonhams), a 2015 Porsche 918 Weissach Spider ($1.595 million at RM Sotheby’s) and a 2011 Ferrari 599 SA Aperta (more than $1.18 million at RM Sotheby’s).
Hagerty also noted that American muscle cars continued their strong showing with an “in-the-wrapper” 1979 Pontiac Firebird Trans Am selling for $187,000 and a 213-mile 1990 Chevrolet Camaro IROC-Z bringing $49,500, both at Barrett-Jackson.
Hagerty also said that it reports “raw results as witnessed during the live auctions and may not include every post-sale transaction.” The numbers do, however, include the various buyer’s fees added to the winning bids.
Arizona Auction Week overall through Thursday
Cumulative Total: $77.9 milion
1,151/1,300 lots sold: 89 percent sell-through rate
Average sales price: $67,680
2015 Cumulative results through Thursday
Cumulative Total: $100.5 million
1,172/1,269 lots sold: 92 percent
Average Sale Price: $85,768
Overall top sales from all auction companies through Thursday
1. 1929 Duesenberg Model J Disappearing Top Torpedo Convertible Coupe $3,000,000 (RM Sotheby’s)
2. 1965 Shelby Cobra 427 Competition Roadster $2,255,000 (RM Sotheby’s)
3. 1965 Ferrari 275 GTB Coupe $2,117,500 (RM Sotheby’s)
4. 2015 McLaren P1 Coupe $2,090,000 (Bonhams)
5. 1972 Lamborghini Miura P400 SV Coupe $2,000,000 (RM Sotheby’s)
6. 1960 Ferrari 250 SII Cabriolet $1,650,000 (RM Sotheby’s)
7. 2015 Porsche 918 Weissach Spyder $1,595,000 (RM Sotheby’s)
8. 1962 Maserati 5000GT Allemano Coupe $1,540,000 (RM Sotheby’s)
9. 1962 Mercedes-Benz 300SL Roadster $1,485,000 (Bonhams)
10. 2011 Ferrari 599 SA Aperta Convertible $1,182,500 (RM Sotheby’s)
11. 1955 Mercedes-Benz 300SL Gullwing Coupe $1,155,000 (RM Sotheby’s)
Results by auction company
BARRETT-JACKSON
Cumulative total through Thursday: $28.6 milion
766/766 lots sold: 100 percent sell-through rate
Average sale price: $37,280
Overall Top 10 Sales:
1. 1962 Dodge M37B1 Power Wagon Custom Pickup sold for $187,000
1. 1979 Pontiac Firebird Trans Am Coupe $187,000
3. 1967 Ford Mustang Custom Fastback sold for $165,000
4. 2012 Dodge Charger NASCAR Racecar $150,000*
5. 1955 Chevrolet Bel Air Custom Convertible $132,000
6. 2015 Chevrolet Colorado 1/2 Ton Military Tribute Pickup $125,000*
7. 1960 Chevrolet Impala 348/280 Convertible $121,000
8. 1980 Pontiac Firebird Trans Am Bandit Edition Coupe $110,000
8. 1984 Porsche 911 Custom Coupe sold for $110,000
10. 1969 Plymouth Road Runner Custom Hardtop Coupe $110,000
* Car sold for charity
Thursday total: $14.0 million
304/304 lots sold: 100 percent sell-through rate
Average sale price: $45,935
Top 10 Thursday Sales:
1. 1979 Pontiac Firebird Trans Am Coupe $187,000
2. 2012 Dodge Charger NASCAR Racecar $150,000*
3. 1955 Chevrolet Bel Air Custom Convertible $132,000
4. 2015 Chevrolet Colorado 1/2 Ton Military Tribute Pickup $125,000*
5. 1960 Chevrolet Impala 348/280 Convertible $121,000
6. 1969 Plymouth Road Runner Custom Hardtop Coupe $110,000
7. 1967 Chevrolet Corvette 427/435 Convertible $106,700
8. 2013 Local Motors Rally Fighter Coupe $104,500
9. 1958 Packard Hawk Hardtop Coupe $95,700
10. 1970 Plymouth Cuda AAR Hardtop Coupe $93,500
10. 1970 Dodge Challenger T/A Hardtop Coupe $93,500
10. 1940 Ford Deluxe Custom Coupe $93,500
* Car sold for charity
2015 results through Thursday
Cumulative total: $45.2 million
902/902 sold: 100 percent
Average sale price: $50,147
BONHAMS
Thursday total: $17.5 million
92/112 lots sold: 82 percent sell-through rate
Average sale price: $190,198
Top 10 Thursday sales:
1. 2015 McLaren P1 Coupe $2,090,000
2. 1962 Mercedes-Benz 300SL Roadster $1,485,000
3. 1971 Ferrari 365 GTB/4 Daytona Coupe $1,155,000
4. 1928 Mercedes-Benz 630K La Baule Transformable $973,500
5. 1935 Hispano Suiza K6 Cabriolet $869,000
6. 1964 Aston Martin DB5 Saloon $781,000
7. 1962 Porsche Carrera 2 GS Coupe $627,000
8. 1973 Porsche 911 Carrera RS 2.7 Coupe $550,000
9. 1955 Aston Martin DB2/4 Mk II Drop Head Coupe $396,000
10. 1973 BMW 3.0CSL Batmobile Coupe $341,000
2015 Results through Thursday
Total: $24.3 million
71/84 lots sold: 85 percent
Average Sale Price: $342,356
RM SOTHEBY’S
Thursday total: $27.9 million
64/76 lots sold: 84 percent sell-through rate
Average sale price: $433,777
Top 10 Thursday sales:
1. 1929 Duesenberg Model J Disappearing Top Torpedo Convertible Coupe $3,000,000
2. 1965 Shelby Cobra 427 Competition Roadster $2,255,000
3. 1965 Ferrari 275 GTB Coupe $2,117,500
4. 1972 Lamborghini Miura P400 SV Coupe $2,000,000
5. 1960 Ferrari 250 SII Cabriolet $1,650,000
6. 2015 Porsche 918 Weissach Spyder $1,595,000
7. 1962 Maserati 5000GT Allemano Coupe $1,540,000
8. 2011 Ferrari 599 SA Aperta Convertible $1,182,500
9. 1955 Mercedes-Benz 300SL Gullwing Coupe $1,155,000
10. 1957 Mercedes-Benz 300SL Roadster $935,000
2015 Results through Thursday
Total: $27.7 million
57/62 lots sold: 91 percent
Average sale price: $486,667
RUSSO AND STEELE
Thursday total: $3.3 million
152/215 lots sold: 71 percent sell-through rate
Average sale price: $21,691
Top 10 Thursday Sales:
1. 1993 Porsche 911 Carrera 2 Coupe $85,800
2. 1961 Chevrolet Corvette Convertible $58,300
3. 1960 Chevrolet Impala Convertible $50,600
4. 1999 Chevrolet Corvette Convertible $49,500
5. 1971 Plymouth Cuda Hardtop Coupe $45,100
5. 1970 Plymouth Road Runner Coupe $45,100
7. 1957 Chevrolet 210 Handyman Station Wagon $42,900
8. 1936 Ford Model 67 1/2 Ton Panel Delivery $41,800
9. 1970 Chevrolet Corvette Convertible $40,150
10. 1969 Chevrolet Camaro SS Sport Coupe $39,600
10. 1934 Ford Model 40 Coupe $39,600
2015 Results through Thursday
Total: $3.1 million
128/193 lots sold: 66 percent
Average Sale Price: $24,557
SILVER AUCTIONS
Thursday total: $658 thousand
77/131 lots sold: 58 percent sell-through rate
Average sale price: $8,548
Top 10 Thursday Sales:
1. 1940 Cadillac Series 62 Convertible Sedan $44,280
2. 2013 Chevrolet Corvette Grand Sport Coupe $40,500
3. 1956 Ford Thunderbird Convertible $35,640
4. 1956 Chevrolet Bel Air Sport Coupe $33,480
5. 1974 Pontiac Firebird Formula 400 Hardtop Coupe $32,670
6. 1969 Ford Mustang SportsRoof $31,050
7. 1963 Ford Thunderbird Sport Roadster $20,790
8. 1937 Chevrolet Master Sedan $18,360
9. 2000 Porsche 911 Carrera Convertible $14,310
10. 1986 Mercedes-Benz 560SL Convertible $12,636
2015 Results through Thursday
Total: $97.7 thousand
14/28 lots sold: 50 percent
Average sale price: $6,981
