Auctions America draws record crowds to annual Auburn sale
Auctions America welcomed record crowds to the historic Auburn Auction Park in Indiana last week, during the company's popular Auburn collector car sale.
The event saw more than 85,000 enthusiasts pass through the gates for the traditional Labour Day event, now in its 45th year.
“Each year, our aim is to make Auburn Fall bigger and better, and I’m proud to share that was certainly the case for 2015,” said Donnie Gould, President, Auctions America. “It was our greatest attended event to date, comfortably surpassing 2014 crowds with one less day, and received lots of positive feedback from clients and visitors alike."
The auction saw more than 870 collector cars cross the block, along with a collection of rare vintage automobilia, bringing a combined final total of $19,684,914. The sale saw interest from 13 countries around the world, along with 45 states across the U.S, with a large number of those from
"From an auction perspective, the fact that 35 percent of bidders represented first time clients is also great news and reflects Auctions America’s proven ability to reach and attract new audiences through not only our targeted marketing and client outreach, but by offering diverse, quality product,” said Gould.
The wide range of vehicles on offer was illustrated by the sale's top three lots: a 1929 Duesenberg Model J Convertible Coupe which sold for $1,402,500, followed by a 1959 Costin Jaguar Sports Racer which fetched $363,000 and a 1972 Ferrari 365 GTC/4 which sold post-sale for $315,000.
The automobilia section of the sale achieved an impressive sell-through rate of 97%, bringing a total of $614,000 and surpassing last year's figures by more than $100,000. There were strong results for a Duesenberg Model J Engine which sold for $57,500; a Chris Craft Boat Bar which realized $32,775; and a Texaco Air Tower sign which soared to $29,900.
"The results certainly demonstrate the continued strength and growth of the collector Automobilia market and demand for the finest examples," said Auctions America’s new director of Automobilia, Kurt Forry.
Auctions America will now conclude their 2015 calendar with its debut sale during the Hilton Head Island Motoring Festival and Concours d’Elegance in South Carolina on October 31.
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