‘No reserve’ format generates more than $34.8 million in sales
Barrett-Jackson closed out its 2019 collector car auction calendar this past week at Las Vegas, where it sold 677 vehicles for $33.3 million — three others for charities, which are receiving $560,000 — and more than 350 pieces of automobilia for $855,800. Overall, the auction did more than $34.8 million in sales.
The $33.3 million and $560,000 figures were records for Barrett-Jackson visits to Vegas.
“Not only did we reach another important milestone with our first 100 percent No Reserve collector car and automobilia auction in nearly a decade, we hit a number of auction sales records as well,” Craig Jackson, chairman and chief executive, was quoted in the auction company’s news release.
“We’re excited to carry the momentum we’ve built up over the year to our 49th Annual Scottsdale Auction in January.”
“This year’s 12th Annual Las Vegas Auction at the Mandalay Bay Casino and Resort was also a gathering place for automotive legends, as well as celebrities from the entertainment and sports industries,” the auction house said in its post-sale announcement.
“Among those in attendance were Roger Penske, racing legend and owner of Team Penske; Tom Hamilton, Brad Whitford and Joey Kramer, band members of Aerosmith; Siegfried and Roy, Las Vegas magicians and entertainers; Cody Walker, brother of the late actor Paul Walker; TV personality Adam Ferrara; and Joey Hand, Ford GT Le Mans winner.”
The top sale of the auction was $1.54 million paid for a 2017 Ford GT ’66 Heritage Edition. (Prices reported include buyer’s fees.)
Four other vehicles, all late-model exotics, topped the $300,000 level — a 2019 Ferrari 488 Spider selling for $368,500, a 2013 Ferrari 458 Spider going for $330,000, a 2005 Ford Gt bringing $324,500 and a 2006 Ford GT Heritage Edition going to a new owner for $324,500.
“The diversity of our docket has been the force behind the success of our Las Vegas Auction this year,” added Steve Davis, Barrett-Jackson president. “Our 100-percent No Reserve docket was filled with every conceivable type and caliber of vehicle that appealed to new and experienced collectors alike.”
Davis noted that the $560,000 in charity car sales at Las Vegas boosted the company’s charity sales to more than $118 million overall. The cars selling at Las Vegas to benefit charity were a 2005 Ford GT raising $270,00 to combat juvenile diabetes, a 2018 Ford Fusion Penske Team NASCAR racer that benefits the United Way of Southeastern Michigan with $250,000, and a 2009 Ford Mustang custom coupe (AV8R) that benefits Reach Out Worldwide with $40,000.
Topping the automobilia portion of the auction was a vintage Chevrolet Super Service neon and porcelain sign that sold for $37,950.
Top sales, Barrett-Jackson at Las Vegas 2019
1. 2017 Ford GT ’66 Heritage Edition, $1,540,000
2. 2019 Ferrari 488 Spider, $368,500
3. 2013 Ferrari 458 Spider, $330,000
4. 2005 Ford GT, $324,500
5. 2006 Ford GT Heritage Edition, $324,500
6. 1953 Chevrolet Corvette 235/150 convertible, $275,000
7. 1953 Chevrolet Corvette 235/150 convertible, $220,000
8. 1964 Chevrolet Corvette custom coupe, $203,500
8. 1957 Dodge Power Wagon custom pickup, $203,500
10. 1963 Chevrolet Corvette 327/360 split-window fuelie, 187,000
10. 2015 Rolls-Royce Ghost, $176,000
10. 2017 Dodge Viper ACR, $176,000
(Prices include buyer’s fee.)
Barrett-Jackson’s next auction is its 49th Scottsdale sale scheduled for January 11-19 in Scottsdale, Arizona.2 comments