Amelia auctions: $120.5 million with 67 percent sell-through

1955 Ferrari 250 GT Europa sells for $2,227,500 on Amelia Island | Bonhams photo
1955 Ferrari 250 GT Europa sells for $2,227,500 on Amelia Island | Bonhams photo

With the major auction houses issuing their official post-sale press releases, it appears that the five auctions taking place last week on Florida’s Amelia Island combined to produce $120.5 million in sales.

Of more than 550 vehicles crossing the blocks, about 365 sold, an overall sell-through rate of 67 percent. Continue reading

Weathering the storm: Amelia auctions total $121.3 million

1937 Bugatti Type 57S cabriolet tops all Amelia Island sales at $7.7 million | Bob Golfen photos
1937 Bugatti Type 57S cabriolet tops all Amelia Island sales at $7.7 million | Bob Golfen photos

Thunder banged and rain poured Sunday on Amelia Island, Florida. Good thing Bill Warner decided mid-week to move the concours d’elegance up to Saturday. But not necessarily a great thing for the collector car auctions taking place in and around that event. Not only was there confusion, but unexpected competition as the concours and accompanying cars and coffee car show competed for attention. Continue reading