Barrett-Jackson's second annual Northeast Auction tops $24 million

Joes Garage

Joes Garage

2017-06-27 12:41:06

Barrett-Jackson returned to the Mohegan Sun resort last weekend for its second annual Northeast Auction, achieving more than $24 million in sales.

Following a remarkable inaugural event in 2016, the extended four-day sale welcomed 72,000 enthusiasts from across the U.S.

With an impressive 630 vehicles snapped up by collectors, along with 685 pieces of vintage automobilia, the auction realized a final total of $24.3 million.

The diverse docket included American muscle cars, vintage European classics, exotics, sports cars and unique custom rides.

Leading the pack was a brand-new 2017 Ferrari 488 Spider with just 77 miles on the clock – the first of its kind ever offered at auction - which sold for $434,500.

It was followed by a 1969 Ford Mustang Boss 429 Fastback which sold for $407,000, and a 1958 Dual-Ghia Convertible which sold for $269,500.

There were also notable results for a 1967 Chevrolet Corvette 427/435 which realized $231,000; a 1966 Shelby GT350-H Fastback which sold for $220,000;  and a 1959 Dodge Custom Royal Super D-500 Convertible which achieved $220,000.

(Images: Barrett-Jackson)

(Images: Barrett-Jackson)

There were also new world record prices achieved for a ’53 Willys Wagon ($16,500), a ’47 Indian Chief Motorcycle with Sidecar ($110,000), a ’93 Land Rover Defender 110 ($114,400) and an ’04 Chevrolet Silverado 1500 Custom Pickup ($38,500).

“Our Northeast Auction has evolved into an exciting automotive lifestyle event that’s unrivaled in the region,” said Steve Davis, Barrett-Jackson president. “We’re also the barometer for the collector car market and are the first to identify changes in the market."

"Several thrilling trends emerged, including a surge in participation by younger guests," added company CEO Craig Jackson.

"On Friday we experienced the sheer excitement when a pair of young teenagers sold a Bandit Trans Am. We also saw the demand for trucks grow, along with top-tier custom vehicles that had been professionally restored or modified."

As always, the Barrett-Jackson sale included several vehicles donated to raise funds for charity.

These included a 'life-size' Hot Wheels 2014 Transit Connect van which sold for $50,000 to benefit the Darrell Gwynn Quality of Life Chapter of The Buoniconti Fund to Cure Paralysis; and a ’96 Ford Mustang built by the students at the Jordan Vocational High School which raised $65,000 for the school’s automotive program.

To date, the company has raised more than $94 million for charities across the U.S.

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