Russo and Steele held its 11th annual Sports & Muscle in Scottsdale auction on January 19-23, 2011 in Scottsdale, Arizona, resulting in preliminary sales figures over $21 million and a 69% sales rate.
Highlights of the 2011 Russo and Steele Scottsdale auction were the sales of a 1970 Plymouth Hemi Cuda Convertible that sold for $1,705,000, 1955 Mercedes Benz 300 SL Gullwing $704,000, a 1965 Shelby Cobra CSX 1001 $335,500, a 1970 Plymouth Cuda 440/6 4-spd $236,500, and the 1957 Cadillac Eldorado Biarritz $194,700.
Drew Alcazar, CEO and co-owner of Russo and Steele, commented, “We knocked it clean out of the park and ripped the cover off the ball this year. Everything from our seminar to the auction block was a tremendous success.”
The Scottsdale 2011 auction event was held in the new Losberger structure at Russo and Steele’s traditional site; the intersection of the Loop 101 Freeway and Scottsdale Road, in North Scottsdale. Complete individual automobile results will be posted online in the following weeks.
For more information, visit www.russoandsteele.com.
[Source: Russo and Steele]