Barrett-Jackson Scottsdale auction tops $100 million in sales

Joes Garage

Joes Garage

2017-01-24 12:18:03

Barrett-Jackson's first blockbuster sale of 2017 in Scottsdale, Arizona set a stunning 40 new world records and achieved more than $100 million in sales last week.

The event saw 1,719 vehicles offered up for sale - the most in the company's 46-year history - along with more than 1,800 pieces of rare vintage automobilia, realizing a final total of $102.4 million.

"This year’s Scottsdale auction was a tremendous success," said Craig Jackson, chairman and CEO of Barrett-Jackson. "Despite the rain and colder temperatures, we had a phenomenal turnout, set 40 world auction sales records and sold more than 1,800 pieces of authentic automobilia."

(Images: Barrett-Jackson)

(Images: Barrett-Jackson)

Two very different cars from the 1960s topped the sale: a rare and highly original left hand drive 1964 Aston Martin DB5 which sold for $1,485,000, and the historic 1960 Chevrolet Engineering Research Vehicle known as (CERV) 1, the forerunner to the Chevrolet Corvette, which sold for $1,320,000.

Further 60s rides achieving notable prices included a 1965 Shelby GT350 Fastback which sold for $445,500; a 1963 Chevrolet Corvette 327/360 Split-Window 'Fuelie' which sold for $385,000; a 1969 Ford Mustang Boss 429 which realized $385,000; and a 1964 Chevrolet Corvette LT1 which sold for $330,000.

Also amongst the ten biggest sales were two stylish pre-War classics: a 1930 Duesenberg J Dual-Cowl Phaeton which sold for $880,000, and a 1932 Rolls-Royce Roadster which sold for $341,000.

Modern-day supercars were in high demand, with two vehicles owned by music legends leading the way.

First up was a 2011 Ferrari 458 Italia owned by pop sensation Justin Bieber, which sold for $434,500 – a new record price for the model. This was followed by a 2012 Hennessey Venom GT Spyder, offered for sale by Aerosmith frontman Steven Tyler, to raise funds for the Janie’s Fund charity, which sold for $800,000.

Tyler's car was amongst eight vehicles which together raised almost $2.2 million for charity during the sale.

"Barrett-Jackson Scottsdale has become the most anticipated event of the year as it is the barometer for the hobby," said Steve Davis, president of Barrett-Jackson.

"The World’s Greatest Collector Car Auction was the only place to find the greatest selection of cars, the most passionate enthusiasts, the largest number of charity cars and the biggest displays by top automakers, all inside more than a million square feet of covered space."

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