The Branson Collector Car Fall Auction, Branson, Missouri, October 12-13, 2012
Report and photos by Rick Carey, Auction Editor
2012 marked the 25th anniversary for Jim and Kathy Cox’s ownership of the Branson Auction, a sale now well into its fourth decade after being founded by Mark Trimble.
Its endurance was tested by last year’s Leap Day tornado but by the time the Fall Branson auction rolled around the Convention Center and Hilton hotel, as well as most of Branson, were back in the entertainment business. Missing from the list of recovered businesses was the Cox’s Candl_st_ck restaurant perched on the cliff just over Lake Taneycomo from Branson Landing and directly in the tornado’s path. Auction week, though, brought the welcome news that the ‘Stick’s rebuilding financing was approved. They’re planning a fast turnaround with an opening date in February 2013, just four months away.
The auction itself was distinctly different in character this fall, with many more Sixties, Seventies and later cars that has been Branson’s tradition. 123 of the 229 cars offered, 53.7%, were sold and the sale total was $2,042,876 including commissions with a median sale value of $12,420. The top sale, an ’88 Porsche 930S Cabriolet, was $59,400. The featured lots, a quartet of Shelby Mustangs, a Road Runner Superbird and a McLaren M8F replica all went home with their consignors, a disappointment that is reflected in both the sale total and the median transaction.
“Why” is a good question. Running the same weekend as AACA Hershey and its RM auction didn’t help. Neither did the impending presidential election, a distraction that has bedeviled Branson Fall more than once. There were thirteen (unlucky?) no-sale lots that reached hammer bids equal to or higher than the Porsche and even the sale’s overall sell-though rate on them would have boosted the total well into mid-$2 million.
Even more remarkable, the auction never lost its momentum as sometimes happens when bidders’ attention is diverted. Bidding was steady throughout the two sessions and the seats were well-populated, just with people sitting on their bidder cards.
[I was on the auction block introducing the cars for auctioneers Spanky Assiter and John Nichols so this report is smaller than usual.]
Branson Collector Car Fall 2012 – Auction Report
[Source: Rick Carey]