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HomeThe MarketFord GT sale, ’59 Chryslers boost GAA auction results

Ford GT sale, ’59 Chryslers boost GAA auction results

Company claims records for sales total, sell-through rate and number of bidders

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With a 2017 Ford GT selling for $970,000, GAA Classic Cars reported its highest sell-through rate — 94 percent — for its February 25-27 auction at Greensboro, North Carolina. 

The company, reporting hammer prices without the additional buyer’s fee, also said total sales set a record, but it didn’t say what that record amount was. It also reported a record number of registered bidders, who did their bidding in person, by phone and online.

The 2017 Ford GT was presented in Heritage Edition livery inspired by the black 1966 GT40 Mark II that Bruce McLaren and Chris Amon drove to victory in the 1966 24 Hours of Le Mans. The car also carried serial number 50, selected in respect to the 50th anniversary of the Le Mans victory, and had been driven only 12 miles since new.

Among other sales highlights, the group of 10 Chrysler products from the 1959 model year sold for a combined $541,000, led by the 1959 Dodge Custom Royal convertible, which hammered for $175,000. 

A 2017 Acura NSX sold for $195,000, a 1967 Chevrolet Corvette L79 brought $170,000, a Superformance 1965 Ford GT-40 went for $150,000, the 1960 “Love” Corvette previously owned by Faith Hill sold for $107,500 and a 1967 GMC pickup truck formerly owned by Elvis Presley went for $80,000.

Post-block sales included a 1953 Cadillac Eldorado convertible for $205,000 and a 1957 Chevrolet Bel Air Nomad for $127,000, GAA Classic Cars noted.

GAA Classic Cars next sale is scheduled for April 22-24.

For more information, visit the GAA Classic Cars website.

Larry Edsall
A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the web and becoming the author of more than 15 automotive books. In addition to being founding editor at ClassicCars.com, Larry has written for The New York Times and The Detroit News and was an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.

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