$4.6 million Merc heads $182 million Scottsdale mega-sales

4

As the sound of gavels – and jaws – dropping in Arizona recedes and the dust settles on a week-long £150million frenzy of classic car buying, it's time to take stock of the maddest auction extravaganza on the calendar.

Some stats:
Six auction houses between them sold more than 2000 classic cars for roughly $182million, averaging $85,000 per car.

17 cars were sold for more than $1 million each.

Top-seller was the rare alloy-bodied 1955 Mercedes-Benz 300SL 'Gullwing' for an astonishing $4.62million. Gooding & Co also had the second priciest car when it raised just shy of £4million for a 1959 Ferrari 250GT California long-wheelbase.

By far the biggest sale total was Barrett-Jackson, which mustered $90million for its mammoth lot list of 1291 cars.

Highest 'per-car' sale rate was Gooding & Co, which amassed an average of $343,000 per car.

Loads of auction records were smashed, including the $2.9million that Barrett-Jackson took for a 1948 Tucker Torpedo.

Debutant Bonhams can go away happy with its results, too, having averaged nearly $150,000 per car and raised $5.7million from its 40 lots sold.

Highest-price achieved by RM Auctions was the $1.8million raised for a unique 1957 Ferrari 410 Superamerica Scaglietti.

Insurance company Hagerty does a great job of compiling the results.
Here's some of the info it has collated.

Top 10 sales from all auctions

1. 1955 Mercedes-Benz 300SL alloy Gullwing sold for $4,620,000 (Gooding)


2. 1959 Ferrari 250 GT LWB California Spyder sold for $3,905,000 (Gooding)


3. 1948 Tucker Torpedo sold for $2,915,000 (Barrett-Jackson)


4. 1947 Bentley Mark VI Franay DHC sold for $2,750,000 (Barrett-Jackson)


5. 1930 Duesenberg Model J disappearing top convertible coupe sold for $2,640,000 (Gooding)


6. 1933 Pierce-Arrow Silver Arrow sold for $2,420,000 (Barrett-Jackson)


7. 1954 Mercedes-Benz 300SL Gullwing sold for $2,200,000 (Barrett-Jackson)


8. 1929 Bentley 4.5L Dual Cowl Sports Phaeton sold for $2,145,000 (Gooding)


9. 1957 Ferrari 410 Superamerica coupe sold for $1,815,000 (RM)

10. 1954 Desoto Adventurer II coupe sold for $1,430,000 (Barrett-Jackson)

Results by salehouse 

Barrett-Jackson 

2012 Total: $90.6million

1,291/1,294 lots sold: 99% sale rate

Average price: $70,238

Top 10

1. 1948 Tucker Torpedo sold for $2,915,000
2. 

2. 1947 Bentley Mark VI Franay DHC sold for $2,750,000
3. 

3. 1933 Pierce-Arrow Silver Arrow sold for $2,420,000


4. 1954 Mercedes-Benz 300SL Gullwing sold for $2,200,000


5. 1954 Desoto Adventurer II coupe sold for $1,430,000


6. 1928 Daimler P.1.50 Vee Front Royal Limousine sold for $1,155,000


7. 1930 Isotta Fraschini Tipo Cabriolet sold for $1,100,000


8. 1930 Duesenberg J sold for $1,045,000


9. 1964 Ford Fairlane 500 custom 2-door hardtop sold for $1,000,000


10. 2012 Chevrolet Corvette 60th Anniversary convertible sold for $600,000

 

Gooding & Company

2012 Total: $39.8million


116/118 lots sold: 97% sale rate


Average price: $343,396

Top 10

1. 1955 Mercedes-Benz 300SL alloy Gullwing sold for $4,620,000


2. 1959 Ferrari 250 GT LWB California Spyder sold for $3,905,000


3. 1930 Duesenberg Model J disappearing top convertible coupe sold for $2,640,000


4. 1929 Bentley 4.5L Dual Cowl Sports Phaeton sold for $2,145,000


5. 1967 Ferrari 275 GTB/4 coupe sold for $1,200,000


6. 1965 Ferrari 500 Superfast coupe sold for $1,100,000


7. 1971 Lamborghini Miura P400 SV coupe sold for $1,100,000


8. 1958 BMW 507 convertible sold for $962,500


9. 1971 Maserati Ghibli 4.9 SS Spyder sold for $880,000


10. 1963 Ferrari 250 GT Lusso coupe sold for $880,000

 

Russo & Steele

2012 total: $18.2million


401/641 lots sold: 63%
 sale rate

Average Sale Price: $45,438

Top 10

1. 1968 Chevrolet Corvette L88 sold for $687,500


2. 1965 Shelby GT350 R sold for $467,500


3. 1967 Ferrari 330 GTC sold for $429,000


4. 1967 Chevrolet Camaro Cherokee sold for $357,500


5. 1969 Ford Mustang Boss 429 sold for $264,000


6. 1972 Ferrari Dino 246 GTS sold for $200,200


7. 1970 Dodge Challenger Hemi R/T SE sold for $198,000


8. 1970 Chevrolet Chevelle SS 454 LS6 sold for $165,000


9. 1937 Mercedes-Benz 230 Cabriolet A sold for $159,500


10. 1970 Chevrolet Chevelle LS6 "Motion Performance" sold for $145,200

 

Silver

2012 total: $2.95million


175/267 lots sold: 66% sale rate


Average price: $16,840

Top 10

1. 1960 Facel Vega HK500 2dr Hardtop sold for $93,960


2. 1948 Packard Super 8 convertible sold for $42,120


3. 1969 Chevrolet Camaro coupe sold for $41,580


4. 1963 Chevrolet Impala 2dr Hardtop sold for $40,500


5. 1969 Chevrolet Camaro convertible sold for $39,960


6. 1934 Ford 5-window coupe sold for $39,420


7. 1935 Ford Pickup sold for $37,260


8. 1948 Chevrolet Pickup sold for $36,990


9. 1941 Buick Roadmaster convertible sold for $36,180


10. 1937 Ford Slantback 2dr Hardtop sold for $35,640

 

RM


2012 total: $24.7million


120/140 lots sold: 86% sale rate


Average price: $205,943

Top 10

1. 1957 Ferrari 410 Superamerica coupe sold for $1,815,000


2. 1959 BMW 507 convertible sold for $990,000


3. 1973 Ferrari 365 GTS/4 Daytona Spyder sold for $990,000


4. 1963 Ferrari 250 GT Lusso coupe sold for $979,000


5. 1930 Duesenberg Model J LWB Dual Cowl Phaeton sold for $880,000


6. 1966 Shelby Cobra 427 roadster sold for $880,000


7. 1991 Ferrari F40 coupe sold for $781,000


8. 1957 Mercedes-Benz 300SL roadster sold for $737,000


9. 1955 Mercedes-Benz 300SL Gullwing coupe sold for $632,500


10. 1952 Ferrari 342 America Speciale coupe sold for $632,500

 

Bonhams

2012 total: $5.7million


40/67 lots sold: 60% sale rate


Average price: $141,824

Top 10

1. 1937 Mercedes-Benz 540KCabriolet C sold for $667,000


2. 1930 Rolls-Royce Phantom I Transformal Phaeton sold for $524,000


3. 1947 Delahaye 135M three-position DHC sold for $474,500


4. 1924 Isotta-Fraschini Tipo 8 Torpedo Phaeton sold for $447,000


5. 1966 Aston Martin DB6 Vantage Saloon sold for $298,500


6. 1931 Cord L-29 LaGrande Speedster sold for $290,800


7. 1956 AC Ace Bristol Roadster sold for $221,500


8. 1923 Duesenberg Model A touring sold for $183,000


9. 1932 Rolls-Royce Phantom II Sedanca de Ville sold for $177,500


10. 1967 Jaguar E-type 4.2L SI roadster sold for $144,500

Comments

neenaw

I wonder how the UK auction houses compare in relation to these stats?
The recovery is underway!?........................................

inter4522

The classic car business has definitely blown up so much. There is so much many cars out that are worth a bundle. This is definitely the business to be in right now. real estate agents Toronto

chadettinger

wow i never thought merc earn like this so much.. I guess they deserve it.. providing the quality and safety for the passangers.

- oil pan boy

chadettinger

wow i never thought merc earn like this so much.. I guess they deserve it.. providing the quality and safety for the passangers.

Oil Pan

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