Photo: Mark Peterman
Barrett-Jackson generates $109 million
Barrett-Jackson Auction Company, The World’s Greatest Collector Car Auctions™, generated nearly $109 Million in gross sales of rare, high-end collectible vehicles, exotics, customs, classics, hot rods and resto-mods during its 42nd annual Arizona auction at WestWorld of Scottsdale, Jan 13-20, 2013. This sale was on par with the 2007 Barrett-Jackson auction that also generated nearly $109 Million in gross sales.
The 2013 Scottsdale auction also set two world records with the largest number of No Reserve vehicles offered at one auction, as well as the largest-ever Barrett-Jackson auction measured by the number of cars sold. In addition to the two auction records, Barrett-Jackson set two world records for individual vehicle sales. (Lot #5034) a 1956 Chrysler Diablo Concept Convertible sold for a record $1.375 Million and (Lot #5019) a 1947 Talbot-Lago T-26 Grand Sport sold for a record $2.035 Million. Both were among the superb Salon Collection, Barrett-Jackson’s premium selection of blue chip collectible vehicles.
“This has made a mark in history for Barrett-Jackson, both in numbers and in showmanship. There has never been an auction as entertaining or as personal as this one,” said Craig Jackson, Chairman and CEO, Barrett-Jackson. “We love that enthusiasts of all kinds have contributed to this sense of charity and community. With a start like this, we can only expect big things for the rest 2013.”
It was clear from the cheers of the crowd and the final sales price throughout the Salon Collection, that the collector car market continues to rise and Barrett-Jackson’s retains its stronghold within the industry. In fact, reports in 2012 showed a 33 percent increase in the value of collector cars, which was proven once more by the company’s success in Scottsdale.
Overall, the Salon Collection’s presence was far from subtle, selling at a total of $29.2 Million. Within these rare and highly coveted vehicles, Hollywood icons such as the 1966 Original #1 Batmobile (Lot #5037) by renowned customizer, George Barris, sold at an astonishing $4.62 Million. Following the Batmobile in top sales was Clark Gable’s breathtaking 1955 Mercedes-Benz 300SL Gullwing Coupe (Lot #5001), which sold at $2.035 Million, a price also achieved by the record-breaking Talbot-Lago.
Each of the top 10 sales exceeded $1 Million. Additional milestones include:
· Lot #5004, 1934 Duesenberg J Murphy LWB Custom Beverly Sedan, $1,430,000.00
· Lot #5007, 1929 Isotta Fraschini Tipo 8A SS Castagna Roadster, $1,320,000.00
· Lot #5025, 1971 Plymouth Hemi ‘Cuda Convertible, $1,320,000.00
· Lot #5016, 1949 Delahaye Type 175 Saoutchik Coupe de Ville,$1,210,000.00
This year also brought the largest offering of Shelby vehicles at one event in honor of one of the world’s greatest automotive icons, Carroll Shelby. 48 Shelby automobiles were auctioned off at No Reserve including (Lot #5036) a 1966 Shelby GT350 Fastback which sold for $225,000, (Lot #5023) a 1965 Shelby GT350 Fastback which sold for $220,000.00 and (Lot #5024) a 1967 Shelby GT500 Fastback which sold for $175,000.
Beyond the vehicle sales, a record number of committed attendees from around the world included buyers, consignors and enthusiasts. Despite the unusual cold temperatures in Scottsdale, 300,000 attended Barrett-Jackson Scottsdale.
The Scottsdale charity vehicles helped to raise over $5 Million for charities that benefit children, military personnel, medical research and community support. As a result of the company’s 42 years of dedication to philanthropy, Barrett-Jackson has raised a total of over $53 Million to-date. Scottsdale highlights include the sale of (Lot #3016), the first production Chevrolet Corvette Stingray which sold for $1,000,000 to benefit Detroit-based College for Creative Studies. Also, a 1969 Ford Bronco Custom SUV (Lot #3020) sold for $500,000 to benefit the Armed Forces Foundation.
“We are proud and honored to be amongst some of the most unique and impressive vehicles that have ever been offered at Barrett-Jackson, as well as support some of our nation’s most important causes,” said Steve Davis, President of Barrett-Jackson. “No two auctions are ever the same, and Scottsdale proves that the quality and diversity of our collections only intensify over the years. We are thrilled that again this year, our charitable sales raised millions, including $500,000 to the Armed Forces Foundation during our Sunday offering, a cause very close to my heart. ”
Consignments are now available for the upcoming Barrett-Jackson Palm Beach, Reno Tahoe and Las Vegas 2013 Auctions. For more information, visit http://www.barrett-jackson.com/consign/.