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Worldwide does 93 percent sell-through in Texas

Worldwide does 93 percent sell-through in Texas

Knies Collection helps boost sales to $4.3 million

Worldwide Auctioneers 17th annual Texas Classic Auction posted a 93 percent sell-through rate and $4.3 million in sales recently at the Arlington Convention Center.

Topping the results was a 1965 Shelby GT350 Ford Mustang, one of 562 produced, that hammered sold for $363,000. A 1959 Porsche 356A/1600 S convertible D sold for $209,000.

Awaiting their turn across the block

The auction featured the 78-vehicle collection of Pamela & Eugene Knies. Among the cars from that large group, a 2002 BMW Z8 driven only 4,232 miles sold for $200,000 and a low-mileage 2010 Rolls-Royce Drophead Phantom Coupe brought $225,000. A 2006 Hummer H1 Alpha, one of 729 produced, and this one driven only 3,825 miles, sold for $184,800.

Also from the same collection, a 1980 AMC Pacer DL sold for an impressive $28,600.

“We were honored to have been entrusted with the sale of The Collection of Pamela & Eugene Knies as part of The Texas Classic Auction this year and we’re delighted to have out-performed both market and seller’s expectations and set a few more world auction records along the way,” John Kruse, Worldwide managing partner, said in a news release.

1965 Shelby GT350 is top seller

Top 10 sales, Worldwide Auctioneers Texas Classic 2018

  1. 1965 Shelby GT350 Ford Mustang, $363,000
  2. 2010 Rolls-Royce Drophead Phantom coupe, $225,000
  3. 1959 Porsche 356A/1600 S convertible D, $209,000
  4. 2002 BMW Z8, $200,750
  5. 2006 Hummer H1 Alpha, $184,800
  6. 2015 Bentley Continental GT-C Speed, $149,600
  7. 1967 Chevrolet Corvette L71 roadster, $137,500
  8. 1929 Packard 640 Custom Eight Phaeton, $126,500
  9. 2014 Porsche 911 GT3, $122,100
  10. 1958 Cadillac Eldorado Brougham hardtop sedan, $121,000

(Prices include buyer’s fee.)

Worldwide’s next sale is scheduled for August 4 in Shipshewana, Indiana, where it will handle the distribution of the acclaimed Hostetler’s Hudson Auto Museum Collection of Hudson, Essex, Terraplane, Railton and Dover cars and trucks.

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