Bonhams posts a pair of $3-million sales in Arizona

Editor’s  note: Throughout Arizona Auction Week, we’ll be bringing you daily results as reported to us by Hagerty Insurance, which staffs each of the venues and tracks the sales. These are raw results witnessed by Hagerty and may not include any post-sale transactions. The figures do include the buyer’s premiums.

Thursday, January 16

Overall from all auction companies

Cumulative Total: $70.7M

968/1,072 lots sold: 90%

Average Sale Price:  $72,617

2013 Cumulative Results Through Thursday

Cumulative Total: $39.5M |907/989 lots sold: 92% |Average Sale Price:  $43,427

Overall Top 10 Sales:

1.       1951 Ferrari 212 Export Coupe sold for $3,190,000 (Bonhams)
2.       1931 Alfa Romeo 6C 1750 Gran Sport Spider sold for $3,080,000 (Bonhams)
3.       1961 Porsche 718 RS 61 Spyder sold for $2,750,000 (RM)
4.       1966 Ferrari 275 GTB/6C Coupe sold for $2,640,000 (Bonhams)
5.       1930 Duesenberg Model J Convertible sold for $2,200,000 (RM)
6.       1936 Mercedes-Benz 500K Sports Phaeton sold for $1,430,000 (Bonhams)
7.       1961 Mercedes-Benz 300SL Roadster sold for $1,237,500 (Bonhams)
8.       1955 Mercedes-Benz 300SL Gullwing Coupe sold for $1,078,000 (Bonhams)
9.       1958 Mercedes-Benz 300SL Roadster sold for $1,045,000 (RM)
10.   1938 Bugatti Type 57 Stelvio Cabriolet sold for $962,500 (RM)

Results by auction company

Barrett-Jackson

Cumulative Total through Thursday: $26.7M

691/691 lots sold: 100% sell-through rate

Average Sale Price: $38,622

Overall Top 10 Sales:

1.       1955 Ford F-100 Pickup sold for $220,000
2.       2012 Ford F-350 Pickup sold for $200,000*
3.       2013 Ford Fusion NASCAR Race Car sold for $180,000*
4.       1960 Cadillac Custom Roadster sold for $165,000
5.       1940 Ford Sportsman Custom Convertible sold for $115,500
6.       1969 Pontiac GTO Judge Coupe $110,000
7.       1971 Plymouth Cuda Custom Convertible sold for $110,000
8.       1952 Buick Super 8 Custom Hardtop sold for $110,000
9.       1969 Ford Talladega Sportsroof Coupe sold for $110,000
10.   1969 Pontiac GTO Judge Hardtop sold for $110,000

* Sold for charity

Thursday total: $12.1M |266/266 lots sold: 100% | Average Sale Price: $45,623

Top 5 Thursday Sales:

1.                   1955 Ford F-100 Pickup sold for $220,000
2.                   2013 Ford Fusion NASCAR Race Car sold for $180,000*
3.                   1960 Cadillac Custom Roadster sold for $165,000
4.                   1940 Ford Sportsman Custom Convertible sold for $115,500
5.                   1969 Pontiac GTO Judge Hardtop sold for $110,000
6.                   1971 Plymouth Cuda Custom Convertible sold for $110,000
7.                   1952 Buick Super 8 Custom Hardtop sold for $110,000
8.                   1969 Pontiac GTO Judge Coupe sold for $110,000

* Sold for charity

2013 Results Through Thursday

Cumulative Total: $24.4M |689/689 sold: 100% | Average Sale Price: $35,344

Bonhams

Thursday total: $23.5M

86/101 lots sold: 85%

Average Sale Price: $272,890

Top 10 Thursday Sales:

1.                   1951 Ferrari 212 Export Coupe sold for $3,190,000
2.                   1931 Alfa Romeo 6C 1750 Gran Sport Spider sold for $3,080,000
3.                   1966 Ferrari 275 GTB/6C Coupe sold for $2,640,000
4.                   1936 Mercedes-Benz 500K Sports Phaeton sold for $1,430,000
5.                   1961 Mercedes-Benz 300SL Roadster sold for $1,237,500
6.                   1955 Mercedes-Benz 300SL Gullwing Coupe sold for $1,078,000
7.                   1968 Ferrari 330 GTC Coupe sold for $803,000
8.                   1967 Ferrari 330 GTC Coupe sold for $660,000
9.                   1947 Bentley Mk VI Coupe sold for $605,000
10.               1935 Auburn 851 Supercharged Boattail Speedster sold for $467,500

2013 Results through Thursday

Total: $12.1M | 90/112 lots sold: 80% sell-through rate | Average Sale Price:  $134,349

RM AUCTIONS

Thursday total: $17.1M

57/67 lots sold: 84%

Average Sale Price: $300,377

Top 10 Thursday Sales:

1.                   1961 Porsche 718 RS 61 Spyder sold by $2,750,000
2.                   1930 Duesenberg Model J Convertible sold by $2,200,000
3.                   1958 Mercedes-Benz 300SL Roadster sold by $1,045,000
4.                   1938 Bugatti Type 57 Stelvio Cabriolet sold by $962,500
5.                   1938 Jaguar SS100 3.5L Roadster sold by $852,500
6.                   1960 OSCA 750 S Roadster sold by $660,000
7.                   1930 Bugatti Type 35B Grand Prix Speedster sold by $638,000
8.                   1965 Aston Martin DB5 Coupe sold by $550,000
9.                   Lot 40 – 1936 Delage D6-70 Milord Cabriolet – $544,500
10.               1958 Bentley S1 Continental Park Ward Coupe sold by $511,500

2013 Results through Thursday

No Thursday auction for RM in 2013

Russo and Steele

Thursday total: $3.5M

134/213 lots sold: 63%

Average Sale Price: $26,028

Top 10 Thursday Sales:

1.                   1968 Shelby GT500KR Convertible sold for $134,750
2.                   1966 International Travelall John Wayne War Wagon sold for $112,200
3.                   1969 Shelby GT350H Coupe sold for $101,750
4.                   1962 Chevrolet Impala Coupe sold for $70,400
5.                   1957 Chevrolet Bel Air Coupe sold for $53,350
6.                   2001 Chevrolet Camaro RS/SS Z28 Convertible sold for $52,800
7.                   1969 Chevrolet Camaro Coupe sold for $50,600
8.                   1970 Chevrolet Chevelle LS5 Coupe sold for $50,600
9.                   1947 Dodge Power Wagon Pick Up sold for $48,400
10.               1957 Chevrolet Bel Air Coupe sold for $47,300

2013 Results through Thursday

Total: $3.0M | 128/188 lots sold: 68% sell-through rate | Average Sale Price:  $23,204

Editor’s note (part 2): Bonhams and RM opened their sales with nine cars sold for more than $1 million, including a pair of $3-million transactions at Bonhams, which did $23.5 million overall, nearly doubling its 2013 Arizona auction. Bonhams’ was a one-day event; RM is back in action Friday, when Gooding & Company and Silver Auctions start accepting bids at their venues. Russo and Steele also launched its 2014 auction Thursday, selling 134 vehicles at an average price nearly 13 percent better than its opening day a year ago. Meanwhile, after three days of bidding, Barrett-Jackson’s average sale this year is more than 9 percent larger than year-ago numbers.

 

 

One thought on “Bonhams posts a pair of $3-million sales in Arizona”

  1. Nice to read that the wealthy are seeing good investment returns, but what about we 99%er’s? How about posting results, such as bargain buys or the 10 lowest buys at these sales. It’s interesting to read about rare cars at auction, but is not relevant to the majority of your readers.

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