News (311)

Mecum Louisville Totals $13.4m

Written by Monday, 19 September 2016 13:57
Mecum Auctions' first-ever Louisville classic and collector car auction brought $13.4 million in total sales throughout the three-day event, with 440 vehicles hammering sold Sept. 8-10. Top sellers at the auction were a great reflection of what the Mecum brand is best known for with the 10 highest sale prices achieved almost exclusively by American Muscle and Corvettes. Each morning, the tone of the auction was set with the help of the Kentucky Derby's official bugler Steve Buttleman playing the National Anthem, but instead of opening up for horses, he was opening up for horsepower. The energy and enthusiasm of…

Pair of Duesies Come to Auction After Five-decade Ownership

Written by Monday, 05 September 2016 10:37
RM Sotheby’s, the world’s largest auction house for investment-quality automobiles, is thrilled to announce a pair of hugely important Duesenbergs, offered from more than 50 years of single-family ownership, as star attractions for its annual Hershey, Pennsylvania auction, October 6-7. The 2016 event represents RM’s 10th anniversary sale alongside the Antique Automobile Club of America’s renowned Eastern Division Fall Meet, again promising a fantastic showcase of automotive history and design. The pair of headlining Duesenbergs is led by the 1930 Model J Dual-Cowl Phaeton, J-347, one of only three Dual-Cowl Phaetons originally bodied to coachbuilder Walter J. Murphy’s stunning open…

Special Production Corvettes at Dan Kruse Classics

Written by Tuesday, 23 August 2016 13:32
Dan Kruse Classics will be conducting their 42nd Annual Hill Country Classic Car Auction in Austin on Saturday, September 10, 2016, at the Palmer Events Center, in downtown Austin. Including in the offering, which is open to the public, is a collection of ten Corvettes from a private collector, all being offered without minimum or reserve to the highest bidder.   In 2009 Corvette had two special editions, limited production models: the Competition Sport (CSC) and the GT1 Championship (GT1) editions. “This collection was put together by a West Texas oilman. It also includes two ZR1s: an ’09, which is…

Monterey Car Week Auctions Total $345 Million

Written by Tuesday, 23 August 2016 13:25
Preliminary results show that total sales at the big five Monterey Car Week Auctions — RM Sotheby’s, Gooding & Co., Russo and Steele, Bonhams and Mecum — are an estimated $345 million — well short of the $397 million total in 2015.    The highest sale totals during Monterey Car Week were in 2014, with $463,744,226 in total sales. In 2013 — just three years ago — total sales were $308 million.   Despite the overall decline in total sales during the week, Gooding & Company reached their highest total sales mark during two days at Pebble Beach. Gooding recorded…

No-Reserve Z16 Chevelle Roars to the Block

Written by Tuesday, 26 July 2016 10:38
Before Chevrolet mass-produced the 1966 Chevelle SS 396, they built a small run of 1965 Malibus featuring the then-new monster motor, heavy-duty suspension and brakes, and an extra-beefy convertible frame. Just 201of these early muscle cars, known by RPO code Z16, were built.    Tom Mack’s September 22nd auction at the Cabers Arena and Events Center in Concord, NC, will offer a completely restored example, finished in Regal Red with a red interior. It features its correct 375-hp 396, 4-speed, and all Z16-specific equipment. Sold new in Dallas, it’s spent most of its life in Georgia.    Learn more about…
Barrett-Jackson, The World’s Greatest Collector Car Auction®, will auction the renowned Tammy Allen Collection during its 9th Annual Las Vegas Auction from Oct. 13-15, 2016, at the Mandalay Bay Resort and Casino. More than 80 vehicles from the collection of prominent collector and automotive enthusiast Tammy Allen will cross the auction block at No Reserve. “Our team is thrilled to have the Tammy Allen Collection cross our block during our Las Vegas Auction this year,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Tammy Allen has spent more than three decades building her collection of rare and iconic automobiles, much of…
With 300 vehicles hammered sold on the auction block in just two days, Mecum’s inaugural Portland auction at the Portland Expo Center was a pronounced success. Held this past weekend, June 17 and June 18, the auction attracted vehicles from 17 states across the country and attendees from even more with total sales reaching more than $9.3 million. The city was electric and the buzz about Mecum’s arrival in Portland was inescapable in the days leading up to the auction. The local enthusiasm coupled with the event’s national reach resulted in a packed house both auction days. The collector-car enthusiasts…
Barrett-Jackson’s very first East Coast event took place this past weekend at Mohegan Sun, and the company has released big numbers from the sale: over $26m in total sales with 96% of lots sold, $755k in automobilia sales, and over $605k raised for charity.   Over 90,000 people came through the gates at Mohegan Sun — ticket sales were sold out by Thursday, and vehicle consignments closed well before the auction, which makes this the first double sellout in the company’s history.    Top seller of the event was a 1969 Chevrolet Corvette L88 at $624,800, followed by a 1969…

Ford GT Mule Heads to Barrett-Jackson Mohegan Sun

Written by Monday, 13 June 2016 16:23
Barrett-Jackson bidders will have a shot to own the first fully functional Ford GT — VIN 004 — built in 2003 as part of the late-model supercar’s development phase. The car, known as CP-1, has a bunch of unique components, such as a full carbon fiber rear clamshell, silver trim rings on the seats, and an aluminum headliner. It’s still fitted with test connections and monitoring equipment used for emissions testing and certification. The car is the real deal, and this is a rare opportunity to own a real development mule from Ford’s halo GT program. The car will cross…

Mecum Indy Closes In On $50m

Written by Tuesday, 31 May 2016 10:41
Dana Mecum’s 29th annual Original Spring Classic auction, held May 17-21, saw 1,567 vehicles cross the auction block. Of those, 1,094 hammered sold for a 70-percent sell-through rate and $48,873,590 in total sales, not including buyers' premiums. With post-auction sales continuing to close through Mecum’s “Bid Goes On…” program, final totals for one of the world’s most renowned muscle car auctions will likely exceed $50m when all is said and done. Top sales for the Indianapolis-based event were crowned by two ‘60s-era Shelby Cobra Roadsters, each proving its worth to be in excess of $1m. With more than a dozen…
Page 1 of 32