After its first auction at its new venue at Salt River Fields, Russo and Steele announces that its early sales results reached $22.1 million on 780 lots offered with 606 hammering sold.
[espro-slider id=198028]
Photos by Mike Mertes
This year’s auction had a sell through rate of 78 percent, which brought the company’s Scottsdale numbers grow seven figures over 2016’s previously showing.
Some of Russo and Steele’s most notable Scottsdale sales include:
- 1954 Mercedes-Benz 300 S Cabriolet A – $423,500.00
- 1973 Ferrari Dino 246 GTS Spyder – $379,500.00
- 1969 Ford Mustang Boss 429 – $335,500.00
- 2006 Ford GT – $261,750.00
- 2006 Mercedes-Benz McLaren SLR – $253,000.00
“Once again, our team has brilliantly demonstrated that our segment within the current collector car marketplace is highly robust, that true enthusiasts confidently perceive this and that they recognize Russo and Steele’s position as the resounding market leader within that segment”, comments Russo and Steele CEO Drew Alcazar. “This year, with our move to our incredible, long term new home at Salt River Fields at Talking Stick the enthusiasm captured by Russo and Steele has never been higher.”
While Scottsdale 2017 post sale continues, the staff at Russo and Steele begins to set its sight on its return to the coast for its 5th annual Newport Beach auction June 2-4 and 17th annual Monterey Auction August 17-19.
