The Leake Auction Company will stage its first major sale in Florida on December 8 when it offers around 250 collector cars for sale at Ritchie Bros.’ huge sales venue in Orlando, the companies announced.
The consignments for the auction will be offered with no reserve prices.
Ritchie Bros., a publicly traded corporation that stages heavy-equipment auctions at sites around the world, acquired the historic Tulsa, Oklahoma-based collector car auction house earlier this year.
“With our acquisition by Ritchie Bros., we now have access to premier auction locations across the United States,” Richard Sevenoaks, general manager of Leake, is quoted in the news release.
“Our goal is to expand Leake operations into new areas of the country utilizing these sites. We’ve already identified several Ritchie Bros. locations we believe will be attractive to our clients.
“The collector car market in Florida is thriving and December is the perfect time of year because of the ideal weather conditions and tourist options it provides traveling buyers.
“As a part of the Ritchie Bros. family, we now are able to market the Leake events and consigned vehicles to hundreds of thousands of potential buyers around the globe,” he added.
With the exception of a one-time auction in Detroit and another planned for Southern California but with consignments moved to Oklahoma City because of fires in the Los Angeles area, Leake had been a family run and Midwestern collector car auction company founded in 1972 by Sevenoaks’ father-in-law James Leake Sr.