Barrett-Jackson Las Vegas 2014 – Auction Report

1969 Chevrolet Camaro COPO

Barrett-Jackson Las Vegas, September 25-27, 2013 2014 marked Barrett-Jackson's seventh year in Las Vegas. With the Barrett-Jackson auctions now concentrated in the great Southwest, skeptics might think that B-J had mined its Scottsdale-Reno-Las Vegas vein down to tailings, but 2014 was B-J's biggest ever Las Vegas auction – in consignments and in total sales. Charity sales are always a Barrett-Jackson … [Read more...]

Auctions America Auburn Fall 2014 – Auction Report

1935 Duesenberg Model SJ Dual Cowl Phaeton, Body by La Grande

Auctions America by RM, Auburn Fall, Auburn, Indiana, August 28-31, 2014 2014 is the fifth year since RM's Auctions America brought new life to the Auburn Auction Park. Results have more than doubled since 2010 and although this year's sale was down slightly in the number of cars, total sale and sale percentage from last year the cars may have been Auctions America's best quality offering since it took … [Read more...]

Rick Cole Monterey 2014 – Auction Report

1955 Ferrari 410 Sport Sports Racer

Rick Cole returned to the Monterey auctions this year after a long absence, bringing with him a new format with on-site previews and on-line only bidding. Rick was the first to hold a collector car auction in Monterey, conducting the first one in 1986 and continuing well into the next decade. Until Christie's appeared on the grounds at Pebble Beach, the Rick Cole auction in Portola Plaza was the only game in town, … [Read more...]

Bonhams Quail Lodge 2014 – Auction Report

1966 Ferrari 275 GTB Berlinetta, Body by Pininfarina/Scaglietti

Coming off the ten-car Thursday sale of no-reserve Maranello Rosso Ferraris, marked by the Monterey week benchmark sale of Ferrari 250 GTO s/n 3851GT, Friday's Bonhams auction had high expectations to meet. And meet them it did. Bonhams offered 105 cars on Friday, selling 95 of them, a 90.5% sale rate and $41,550,100 in total sales. The total is $10 million more than last year's record Quail Lodge auction, … [Read more...]

Mecum Monterey 2014 – Auction Report

1972 McLaren M20 Can-Am; S/N M20-1

When Mecum Auctions announced early in 2009 that they'd be joining the annual auctions crush at Monterey they put themselves in the cross-hairs of the most intense, demanding week on the annual auctions calendar. The other Monterey auctions – RM, Gooding, Bonhams and Russo and Steele – had made Monterey their premier events, selling million dollar cars with seeming ease and racking up multi-million dollar sale … [Read more...]

Gooding and Company Pebble Beach 2014 – Auction Report

1961 Ferrari 250 GT SWB California Spider, Body by Pininfarina

Gooding & Company concluded its 2014 Pebble Beach auction with $106,004,800 in sales, concluding 107 of 121 lots, an 88.4% sell-through, in its two-day sale. The total continued Gooding's string of $100 million plus sales at Pebble Beach over the past three years. The sell-through was down 2.9 points, 3.2%, from last year's extraordinary 91.3% sale rate. The average sale of $990,699 was up 2.6%, the median … [Read more...]

RM Auctions Monterey 2014 – Auction Report

1964 Ferrari 275 GTB/C Berlinetta Speciale, Body by Pininfarina-Scaglietti

RM established itself, by a large margin and with authority, as the top Monterey auction this year, selling a nearly inconceivable 93% of the 129 lots crossing the block, bringing in a total sale of $144,309,350, an average transaction of $1,202,578 and a median of $451,000. The average transaction at RM was $1.2 million, equivalent to an average hammer bid of nearly $1.1 million. The total dollars changing hands … [Read more...]

Pur Sang 308 Debuts at Goodwood Revival

Pur Sang 8C 308

Alfa Romeo built four Tipo 308 Grand Prix cars for the 1938 season. One of them, driven by the immortal Tazio Nuvolari, set fastest lap in qualifying for the Pau Grand Prix in the Tipo 308's first racing appearance. Later in the Pau meeting it was destroyed after a fire due to a faulty fuel tank installation. The other Alfa Romeo Tipo 308s survive: the four-time Indianapolis 500 entrant and three-time top ten … [Read more...]

Summary Monterey Auction Report 2014

1964 Ferrari 250 LM

Report and photos by Rick Carey, Auction Editor 2014 was the year Bonhams sold Ferrari 250 GTO s/n 3851GT for $38,115,000, an all-time record for a collector car – or any car at all for that matter – at auction. Some pundits thought the GTO, the first time one has been offered publicly since Brooks Auctioneers offered s/n 4293GT, second overall at Le Mans in 1963, at Gstaad in 2000 with an unsuccessful high … [Read more...]

Bonhams Maranello Rosso Collection 2014 – Auction Report

1962 Ferrari 250 GTO Berlinetta

Bonhams Maranello Rosso Auction, Quail Lodge, Carmel Valley, August 14, 2014 Report and photos by Rick Carey, Auction Editor It has been a quarter century since a 250 GTO was offered publicly. There was, therefore, considerable interest when Bonhams announced they had consigned 1962 Ferrari 250 GTO s/n 3851 GT along with nine other Ferraris from the Maranello Rosso collection of Fabrizio Violati. … [Read more...]

Collector Car Market – The Beginning of The End?

1964 Ferrari 250 LM

By Rick Carey, Auction Editor The collector car market cratered in 1989-90. What were the significant events that preceded the collapse? 1. Auction companies popped up everywhere trying to get a piece of a rapidly growing number of transactions, increasing prices and resulting commissions; 2. Cars sold to speculators, not collectors; 3. Individuals like Hans Thulin took on huge bets on the collector car … [Read more...]

RM Auctions Motor City 2014 – Auction Report

1955 Packard Caribbean Convertible

RM Auctions 'Motor City', Inn at St. John's, July 26, 2014 Another little change this year as RM separated itself from the Inn at St. John's location by re-naming Meadow Brook/St. John's less specifically as 'Motor City'. It's probably insignificant in the overall scheme of things. Sunday's Concours d'Elegance of America was bigger and better than ever. Cars are how the Detroit area defines itself and RM's … [Read more...]

Pur Sang Argentina – An Introduction

Pur Sang 8C 308

By Rick Carey, Auction Editor | Photos by author and Rhonda Kiblinger Wind back the clock on your DeLorean to 1930 or so, eighty-plus years ago. Your [great] grandparents might still have been dancing the Charleston. It was the time of Machine Age design. Craftsmanship, dedication, style, design and ingenuity were its hallmarks. It persists today at Pur Sang in Paraná, Entre Rios, Argentina. And it is … [Read more...]

Mecum Seattle 2014 – Auction Report

OLYMPUS DIGITAL CAMERA

Mecum Auctions, CenturyLink Field Event Center, Seattle, Washington, June 13-14, 2014 Mecum Auctions is constantly refining its calendar, trying new places and dates, usually with success. Frank Mecum said, "We looked at where we're shipping cars, and a lot were heading to the Pacific Northwest so we thought this would be a good place to try an auction." It turned out that they were right, with a good … [Read more...]

Mecum Indianapolis 2014 – Auction Report

1963 Shelby Cobra 289 Roadster

Mecum Auctions Spring Classic, State Fairgrounds, Indianapolis, Indiana, May 13-18, 2014 Report and photos by Rick Carey, Auction Editor [First an apology to readers for the lateness of this report. May and June were two months of nearly continuous travel, with barely enough time to take a shower and get clean clothes between trips. The following report – comprising almost 190 cars out of the 1,600 Mecum … [Read more...]