SHORT SHIFTS AUCTION RECAP ARIZONA PAVEL LITWINSKY © 2011 COURTESY OF GOODING & COMPANY
Coming off big sales figures in Monterey last August, much anticipation surrounded the Arizona auctions in late January. For starters, Bonhams set up shop in the greater Scottsdale area, joining RM Auctions, Gooding & Company, Russo and Steele, and Barrett-Jackson, with Silver Auctions farther out at Fort McDowell. No rain in the forecast, hundreds of thousands of gearheads and more than 2,500 cars, pickups, trucks, buses and boats to keep them in a happy daze for the week. In all, the six auction companies sold 85% of those lots for $184 million—up from last year’s $162 million—and 17 cars broke a million dollars.
Top sale went to Gooding and its $4.62 million 1955 Mercedes 300SL coupe, one of only 29 alloy Gullwings built. When it was over, Gooding had sold 116 of 118 cars for $39.8 million.
Barrett-Jackson returned to form with nine million-dollar sales, topped by a lovely blue 1948 Tucker 48, arguably the coolest and most romanticized post-war American car. It sold for an auction-record $2.915
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million, and by Sunday night, 1,291 of 1,294 cars had sold totaling nearly $91 million—a $21 million jump over 2011. RM sold 126 of 140 cars to end
the weekend at $25.7 million. Its lone million-dollar seller was a special 1957 Ferrari 410 Superamerica at $1.815 million—up $500k since last sold by Gooding at Pebble beach five years ago. Russo and Steele was close to its 2011 result, with 410 of 651 cars bringing $19 million. A 1968 Corvette L88 convertible sold for a claimed world record $687,500—more than twice the going rate in the Hagerty Price Guide.
At its inaugural event at the Westin Kierland
Resort, Bonhams sold 44 of 67 cars for an even $6 million, with top sale coming from a 1937 Mercedes-Benz 540K Cabrio- let C at $667,000.
Finally, out at Fort McDowell, Silver posted a $2.95 million result from 175 of
COURTESY OF BARRETT-JACKSON
SCOTTSDALE, AZ
267 cars. High sale was a 1960 Facel Vega HK500 hardtop coupe at $93,960. Tese six sales continued the momentum gained in 2011, and the rest of 2012 looks promising.
COURTESY OF RUSSO AND STEELE
SCOTT NIDERMAIER/BONHAMS
DARIN SCHNABEL COURTESY OF RM AUCTIONS
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