Barrett-Jackson, Mandalay Bay, Las Vegas, October 13-15, 2016
When ‘extravaganza’ is part of the formula for success appearing in Las Vegas is as natural as breathing. Gambling is now a much smaller part of the Las Vegas economy than entertainment; what could be better than a glamorous entertainment event that combines both?
In other words, what could be a better fit for Las Vegas than a Barrett-Jackson auction?
And so it has been since 2008 when the ‘World’s Greatest Collector Car Event’ (as Barrett-Jackson then styled itself) settled in Vegas. Other expansion venues followed including Orange County and Reno but only Las Vegas and Palm Beach remain alongside Scottsdale among the signature ‘World’s Greatest Collector Car Auctions’ (as Barrett-Jackson now styles itself).
It is a natural fit and 2016’s edition continued to demonstrate the serendipity of the relationship, selling all but one lot and seeing a total of $33 million change hands, nearly matching 2014’s Las Vegas total of $33.4 million.
The crowd, the atmosphere, the hype, the commercial enthusiasm fit the Las Vegas mold. Couldn’t find a car (and with the variety of cars offered in Las Vegas it was nearly impossible not to find something to like)? Take home a sequined jacket or gold coin jewelry as a consolation prize.
Barrett-Jackson’s Las Vegas auction is a natural fit in ‘The Entertainment Capital of the World’.
Here are the numbers:
[table id=168 /]
Andrew Newton provided the on-site observations; the editor remains responsible for their final expression and comments.
Barrett-Jackson Las Vegas 2016 – Auction Report