Auctions America does $7.2 million at Auburn Spring sale

All-original 1970 Ford Mustang Boss 429 sells for $238,700 at Auburn Spring auction | Auctions America photos
All-original 1970 Ford Mustang Boss 429 sells for $238,700 at Auburn Spring auction | Auctions America photos

Auctions America’s Auburn Spring auction posted $7.2 million in sales last weekend, a 40 percent boost compared with the same sale a year ago.

“The weather was certainly on our side for the Auburn Spring weekend, bringing record crowds and high energy across all three days of the event,” Megan Boyd, an Auctions America car specialist, said in a news release after the sale.

1988 Ferrari 365 GT 2+2 takes top sales honors
1988 Ferrari 365 GT 2+2 takes top sales honors

“While our Auburn venue is best known for great American classics and muscle, the top-selling Ferrari shows that, with quality product, our knowledgeable team of car specialists can successfully connect buyers and sellers across a broad variety of genres and categories.”

That Ferrari to which she referred was a 1968 365 GT 2+2 that sold for $247,500, edging out a 1970 Ford Mustang Boss 429 for top-sale honors. The Mustang sold for $238,700 (prices include buyer’s premium).

Another Mustang, a 1968 Shelby GT 500, brought $159,500 with a pair of locally produced cars, a 1936 Auburn 852 Supercharged Phaeton Sedan and a 1931 Auburn 8-09 Phaeton Sedan, next on the sale list at $90,750 and $89,100, respectively.

The auction featured 393 vehicles, with a 73 percent sell-through rate with bidders from 36 states and a dozen foreign countries. Of the bidders, 30 percent were newcomers to Auction America sales.

Cars & Coffee draws a crowd
Cars & Coffee draws a crowd

The weekend also featured the Antique Automobile Club of America’s National Spring Meet, which drew 250 cars, an appearance by Wayne Carini of television’s Chasing Classic Cars, a Saturday morning Cars & Coffee, a new Retro Swap meet and a new Automotive Midway that included the Planters NUTmobile among other attractions.

Two of the cars Carini sold — a 1966 Dodge Monaco two-door hardtop and a 2006 Ford Shelby Terlingua Mustang tribute — raised $20,900 to benefit Autism Speaks and the Treasure Coat Autism Project.

Auctions America offered a Hot Wheels car on behalf of a 13-year-old next-generation collector named Liam, who was raising funds for the Friends of Kids with Cancer organization. Bidders paid $3,000 for the tiny toys, donating the cars back twice to raise a total of $9,000 for the cause, with additional funds contributed by Auburn Spring attendees throughout the weekend.

The next in the monthly series of Cars & Coffee events at Auburn Auction Park is scheduled for June 4. Auctions America’s next sale is June 25-26 at Santa Monica, California.

Auctions America Auburn 2016, Top 10 sales

  1. 1968 Ferrari 365 GT 2+2, $247,500
  2. 1970 Ford Mustang Boss 429, $238,700
  3. 1968 Shelby GT500 Mustang, $159,500
  4. 1936 Auburn 852 Supercharged Phaeton Sedan, $90,750
  5. 1931 Auburn 8-98 Phaeton Sedan, $89,100
  6. 1964 Chevrolet Corvette fuel-injected, $86,900
  7. 1999 USMH Toterhome, $82,500
  8. 1963 Chevrolet Corvette, $78,100
  9. 1934 Ford Deluxe, $77,000
  10. 1931 Packard Custom Eight, $75,900
    (Prices include buyer’s premium.)

One thought on “Auctions America does $7.2 million at Auburn Spring sale”

  1. The $238,000 for a Mustang 429 nobody would buy in its era is a harbinger of the vehicular ignorance that is fostered by these “auctions”. All of us who were there, then, knowe NOBODY would buy a “Boss 429″ back in its day because they were dogs. A Cobra Jet would blow them into the next week for thousands less, and still will now. Then again, there weren’t nearly as many guys with beer bellies, Hawaiian shirts and ponytails with fat wallets back then either…

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