Preliminary Total of $249.7m Sold in Arizona

The dust is just starting to settle on this year’s Arizona Auctions, which wrapped this past Sunday night. Overall totals are still coming in, with early reporting putting the combined total at $249.7m — but that total will rise in the coming days, as it does not include numbers from Leake or Russo and Steele.

Barrett-Jackson was again the highest seller in Arizona, this year amassing $137.4m from over 1,900 cars. That total includes $7.6m achieved for nine charity lots. The highest selling non-charity lot of the auction was a 2017 Ford GT, sold for $1,485,000, followed by another GT that made $1,182,000.

Gooding & Company’s Scottsdale auction totaled $36.2m, with 124 of 138 cars sold. Eight cars sold for over $1m each, including a 1948 Tucker 48 that realized $2,040,000 and was the top-selling American vehicle. Second place went to a 1937 Cord 812 S/C Cabriolet Sportsman at  $544,000.

At the Arizona Biltmore, RM Sotheby’s auction sold $30.4m in cars over two evenings. The top earner among American cars was a 1930 Cadillac V16 Sport Phaeton achieving $1,105,000, followed by a 2017 Ford GT pulling in $923,500.

Bonhams’ sale at Scottsdale’s Westin Kierland Resort totaled $8.4m with Lee Iacocca’s 1992 Dodge Viper RT/10, s/n 001, and a 2005 Ford GT tying for the top sale among American brands. Each sold for $285,500.

Worldwide Auctioneers set up shop at Singh Meadows in Tempe, selling $5.6m in one night of sales. Among the high sales were a 1936 Auburn 852 SC boattail speedster sold at $880,000, the Chrysler Ghia Plainsman Concept car at $742,500, and a 1930 Duesenberg Model J Berline at $605,000.

MAG Auctions‘ event in Peoria took place Jan 10-12, bringing $2m. The high sale of the event was a 1968 Shelby GT500 KR that made $167,400.

Russo and Steele’s Scottsdale celebration, the company’s 20th, finished the week with a total of $10.7m. The top American sale was a 1970 Plymouth Superbird selling for $222k, followed by a 1966 Shelby GT350 achieving $156,750.

Leake wrapped their inaugural Scottsdale auction with a total of $18.4m, including post-block sales. A 1957 Chrysler 300C convertible was the top selling American vehicle at $357,500, a record for the model. Second was a 1960 Chrysler 300F convertible bringing $319,000.

Watch for the March/April issue of American Car Collector for our complete coverage from Scottsdale 2020 — and for market analysis on how this year’s results compare to Scottsdale 2019, and what the results mean for the coming year.

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