Category archives: Auctions

Market Report : Popular muscle cars showing strength

A 1953 Jaguar C-Type was one of the highest-selling cars of the month at $8 million | Bonhams
A 1953 Jaguar C-Type was one of the highest-selling cars of the month at more than $8 million | Bonhams

There has been quite a lot going on in the collector car auction market since last month’s report for Classiccars.com. RM Sotheby’s held its Monaco sale, Mecum held its sale in Indy, Auctions America held its spring Auburn sale, and Bonhams held its Monaco sale, the first since 2010.

Much like last month, cars are still selling and while we now have more of a buyer’s market than a seller’s market, cars are still being sold and sold for strong money. The sweet spot in the market seems to be with cars under $100,000, which are selling fast and for strong money. Continue reading

Auctions America stirs the pot for Santa Monica sale

The 1988 Porsche 959 Komfort is a low-mileage preserved example | Auctions America
The 1988 Porsche 959 Komfort is a low-mileage preserved example | Auctions America

Exotic supercars, muscle cars and a Fiat wagon used to chauffeur Pope Francis during his visit to the United States are among the highlights of Auctions America’s Santa Monica sale June 25-26 at Barker Hangar.

The supercar collection is led by a 1995 Ferrari F50, a 13,000-mile example of the ultra-exotic, 513-horsepower performance coupe with the towering rear wing. In bright Ferrari red, the F50 is valued between $1,800,000 and $2,100,000. Continue reading

DB-era Aston Martins top sellers at British auction

A 1964 Aston Martin DB4 Series 5 Vantage convertible was the top seller at the home-base auction | Bonhams
A 1964 Aston Martin DB4 Series 5 Vantage convertible was the top seller at the home-base auction | Bonhams photos

Aston Martins of the 1960s shined brightest during Bonhams’ annual Aston Martin Works sale Saturday at the company’s historic home at Newport Pagnell in England.

The Aston-centric auction included 51 cars as well as loads of pricey collector items related to the esteemed British marque, among them such unusual pieces as a full-size styling mockup of the recent Aston Martin One-77 that sold for £10,625 ($15,597 at the current exchange rate). Continue reading

Mecum ‘closing in’ on $50 million result for Indianapolis auction

The 1964 Shelby 289 Cobra sold for $1 million | Mecum Auctions photos
The 1964 Shelby 289 Cobra sold for $1 million | Mecum Auctions photos

“The Bid Goes On…” says Mecum Auctions following bidding on  vehicles that did not sell on the auction block but are still offered after the fact. This takes on special significance this year after the Original Spring Classic sale in Indianapolis as the total results creep toward the $50 million threshold for the first time.

As of Tuesday, the Indianapolis auction totaled $48,873,590 in sales (not including auction fees) with 1,094 collector cars out of 1,567 offered going to new owners, for a 70 percent sell-through rate. That is tantalizingly close to the big five-oh, according to Mecum, which contends that it is “closing in” on the illusive mark as post-block sales add up after the 29th annual sale held May 17-21. Continue reading

Family ties: Dan Mecum’s Gone Farmin’ auctions help folks find their roots

Plymouth built only 214 tractors, but they were the first designed around rubber tires | Larry Edsall photos
Plymouth built only 214 tractors, but they were the first designed around rubber tires. This one, to be sold next month at the Gone Farmin’ auction, is believed to be the only Plymouth with orchard fenders. | Larry Edsall photos

Dan Mecum’s dad and his dad’s dad both were in the car business; his grandfather was perhaps the nation’s largest fleet vehicle dealer and his dad has a growing collector car auction company.

But among Dan’s fondest childhood memories were the times he spent riding a tractor with his maternal grandfather, a farmer. Continue reading

Lamborghini Countaches lead Silverstone UK auction

A 1983 Lamborghini Countach 5000 S topped Silverstone's auction at more than $400,000 |Silverstone Auctions photos
A 1983 Lamborghini Countach 5000 S topped Silverstone’s auction at more than $400,000 |Silverstone Auctions photos

A pair of millennial-favorite Lamborghini Countaches from the 1980s were the top sellers at Silverstone Auctions’s May Sale on Friday at the Silverstone Circuit in Northamptonshire, UK.

Silverstone’s sale reached a total of £3.2million ($4.64 million at the current exchange rate) with 70 percent sold out of the 68 cars offered. Continue reading

Futurliner No. 3 to cross MAG auction block at Hot August Nights

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1939 GM Futurliner showcasing Allison J-35 jet engine | MAG photos

A 1939 General Motors Parade of Progress Futurliner headlines Motorsport Auction Group’s inaugural sale and is set to cross the block August 6 during Hot August Nights’ 30th anniversary celebration in Reno, Nevada.

“If you’re a car collector, this is the Mack Daddy,” MAG spokesman Frank Yaksitch said of the Futurliner. Continue reading

Al Unser Sr., Ray Evernham add charity vehicles to Motostalgia’s Brickyard auction in Indianapolis

The 1964 Plymouth NASCAR racer from Ray Evernham was driven by country music star Marty Robbins | Motostalgia
The 1964 Plymouth NASCAR racer from Ray Evernham was driven by country music star Marty Robbins | Motostalgia photos

Four-time Indianapolis 500 champion Al Unser Sr. and legendary NASCAR crew chief Ray Evernham are each donating vehicles from their personal collections to auction for charity at Motostalgia’s sale June 18 during the Sportscar Vintage Racing Association Brickyard Invitational. Continue reading

Barrett-Jackson to help celebrate Indianapolis 500 centennial with special auction

The Stinger has been autographed by nearly 250 Indy 500 veterans | Window World photos
The Stinger has been autographed by nearly 250 Indy 500 veterans | Window World photos

What is likely the most unique souvenir in the history of the Indianapolis 500 — a real Indy racing car autographed by nearly 250 people who have driven in the world’s most famous race — will be auctioned Wednesday evening, May 25, to benefit St. Jude Children’s Research Hospital.

The car is The Stinger, a contemporary racing car wearing the colors of the Marmon Wasp that carried Ray Harroun to victory in the first Indy 500 in 1911. Though the centennial of that race was held five years ago, the race this year will be the 100th running of the event, which was not held during war years. Continue reading

Greenwich Concours gears up for classic motor weekend

The 1967 Ford GT40 Mk IV that finished fourth at Le Mans will appear at the Greenwich Concours | Jim Glickenhaus
The 1967 Ford GT40 Mk IV that finished fourth at Le Mans will appear at the Greenwich Concours | Jim Glickenhaus

The 21st annual Greenwich Concours d’Elegance presents three days of unbridled classic car exuberance from June 3-5 in Greenwich, Connecticut, starting off with a tour and downtown parade of the beautiful concours cars and motorcycles. The weekend also is highlighted by a pair of collector car sales by British auction house Bonhams and Dragone Auctions of Westport, Connecticut. Continue reading