A couple of days ago, our collector car marketplace analyst Andy Reid shared word that while the tip of the auction iceberg is solid (at least if the car you’re selling is immaculately preserved or restored and has stunning provenance), the values of much of the mass of cars below the surface, those with six-figure valuations, is, well, melting.
But dive farther down and the base of the berg, the entry-level cars, are on fire, and not in the sense of melting but of prices not only being very solid but expanding, just as the mass of H2O does as it freezes.
That all should bode very well this weekend for Mitch Silver’s third visit of the season to Arizona. In recent years, Silver Auctions has staged sales at the We-Ko-Pa resort on the Fort McDowell Reservation at Fountain Hills not only during Arizona Car Week, but also in the fall and spring. The spring sale began Friday and runs through Sunday.
Although it will accept cars worth six figures, Silver specializes in driver-level recent vintage and collector cars, vehicles of the sort you can drive and even show. In many cases, snow-bird bidders buy from Silver when they arrive in Arizona for the winter and sell those same vehicles in the spring when it’s time to fly back north.
Early Friday afternoon, I wandered around the parking lot where the cars are placed before and after their appearances across the Silver auction block. Here are those that I’d pursue if I had a bidder’s number: