fbpx
HomeEventsGAA reports nearly $20 million in sales at July auction

GAA reports nearly $20 million in sales at July auction

North Carolina classic car auction house says sale had 91 percent sell-through rate

-

Featuring the No Reserve Collection consignment from the George Shinn collection, GAA Classic Cars reports that its July 24 summer auction sold more than 600 vehicles for $20 million with a 91 percent sell-through rate at its Automobile Palace in Greensboro, North Carolina.

After two record-setting sales in the spring and the success of the summer event, GAA has announced plans to expand its 5.5 acre facility in time for the fall auction in November.

GAA noted that among the No Reserve Collection from the former owner of the Charlotte Hornets professional basketball team were a 2013 Porsche 911 Carrera S, a 1970 Mercedes-Benz 280SL, and “several outstanding Ford Galaxies, (Chevrolet) Bel Airs, and Mustangs.” 

GAA, GAA reports nearly $20 million in sales at July auction, ClassicCars.com Journal
1951 Ford Crown Victoria

The Shinn collection also donated a 1951 Ford Crown Victoria to former Olympic skater Scott Hamilton’s charity, The Scott Hamilton CARES Foundation for cancer research. The car sold for $55,000, and bidders at the auction donated another $60,000 in a collection for the charity, GAA said.

GAA, GAA reports nearly $20 million in sales at July auction, ClassicCars.com Journal
1958 Chevrolet Corvette resto-mod

Among other sales, a custom 1958 Chevrolet Corvette resto-mod built by Jeff Hayes of American Speed Shop sold for $190,000 and is headed to Saudi Arabia, GAA said. 

A 1970s Chevrolet Chevelle SS 454 sold for $250,000. And a customized low-riding 1972 Chevrolet Blazer from Street Outlaw’s Shawn Ellington’s shop sold for $80,000.

GAA Classic Cars fall sale is scheduled for November 4-6.

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Journal Ads