20 January 2013

2013 Scottsdale Auction Update: Batmobile brings big bucks at Barrett

Saturday night featured a number of big-ticket sales in Scottsdale, including the George Barris-designed Batmobile, featured in the TV show, at Barrett-Jackson. Our valuation experts break down the numbers, and analyze some apparent trends, starting with Corvettes.

 


 
Listed below are the raw results witnessed by Hagerty during the live auctions and may not factor in any post-sale deals that have occurred.  These numbers include the appropriate buyer’s premiums.

Overall through Saturday from all auction companies

Cumulative Total: $216.2M
1,980/2,384 lots sold: 83% sell-through rate
Average Sale Price: $109,177

2012 Cumulative Results Through Saturday

Cumulative Total: $177.2M
1,974/2,312 lots sold: 85%
Average Sale Price: $89,749

Overall Top 10 Sales from all auctions through Saturday:

  1. 1958 Ferrari 250 GT California LWB Spider sold for $8,250,000 (Gooding)
  2. 1960 Ferrari 250 GT SWB Competizione Berlinetta sold for $8,140,000 (RM)
  3. Batmobile sold for $4,620,000 (Barrett)
  4. 1959 Porsche 718 RSK Roadster sold for $3,135,000 (Gooding)
  5. 1957 Maserati 150 GT Spider sold for $3,080,000 (Gooding)
  6. 1935 Mercedes-Benz 500K Cabriolet A sold for $2,750,000 (Gooding)
  7. 1933 Duesenberg Model J Disappearing-Top Convertible Coupe sold for $2,695,000 (Gooding)
  8. 1958 Ferrari 250 GT Speciale Coupe sold for $2,365,000 (Gooding)
  9. 1947 Talbot-Lago Record T26 Grand Sport Coupe sold for $2,035,000 (Barrett)
  10. 1955 Mercedes-Benz 300SL Gullwing Coupe sold for $2,035,000 (Barrett)

Results broken down by auction company

BARRETT-JACKSON

Cumulative Total through Saturday: $96.6M
1,188/1,191 lots sold: 99.9% sell-through rate
Average Sale Price: $81,324

Overall Top 10 Sales:

  1. Batmobile sold for $4,620,000
  2. 1947 Talbot-Lago Record T26 Grand Sport Coupe sold for $2,035,000
  3. 1955 Mercedes-Benz 300SL Gullwing Coupe sold for $2,035,000
  4. 1934 Duesenberg J Murphy LWB Custom Beverly Sedan sold for $1,430,000
  5. 1956 Chrysler Diablo Concept Convertible sold for $1,375,000
  6. 1971 Plymouth Cuda Hemi Convertible sold for $1,320,000
  7. 1929 IsottaFraschiniTipo 8A SS sold for $1,320,000
  8. 1949 Delahaye Type 175 Saoutchik Coupe De Ville sold for $1,210,000
  9. 1968 Chevrolet Corvette L88 Owens/Corning Race Car sold for $1,100,000
  10. 2014 Chevrolet Corvette Stingray Coupe sold for $1,100,000

Saturday total: $49.7M
229/232 lots sold: 99% sell-through rate
Average Sale Price: $217,072

Top 5 Saturday Sales:

  1. Batmobile sold for $4,620,000
  2. 1947 Talbot-Lago Record T26 Grand Sport Coupe sold for $2,035,000
  3. 1955 Mercedes-Benz 300SL Gullwing Coupe sold for $2,035,000
  4. 1934 Duesenberg J Murphy LWB Custom Beverly Sedan sold for $1,430,000
  5. 1956 Chrysler Diablo Concept Convertible sold for $1,375,000

2012 Results Through Saturday:

Cumulative Total: $84.8M
1,160/1,160 sold: 100%
Average Sale Price: $73,142

RM AUCTIONS

Overall Total: $36.4M
75/84 lots sold: 89%
Average Sale Price: $485,544

Overall Top 10 Sales:

  1. 1960 Ferrari 250 GT SWB Competizione Berlinetta sold for $8,140,000
  2. 1967 Shelby Cobra 427 S/C Roadster sold for $2,007,500
  3. 1967 Ferrari 275 GTB/4 Berlinetta sold for $1,842,500
  4. 1938 Delahaye 135 MS Coupe sold for $1,540,000
  5. 2003 Ferrari Enzo Coupe sold for $1,320,000
  6. 1966 Ferrari 275 GTB Berlinetta sold for $1,320,000
  7. 1931 Duesenberg Model J Tourster sold for $1,320,000
  8. 1954 Ferrari 250 Europa Coupe sold for $1,017,500
  9. 1956 Mercedes-Benz 300Sc Cabriolet sold for $990,000
  10. 1956 Mercedes-Benz 300SL Gullwing Coupe sold for $847,000

Overall 2012 Results

Total: $25.7M
126/140 lots sold: 90% sell-through rate
Average Sale Price: $203,654

GOODING

Overall Total: $52.6M
101/104 lots sold: 97%
Average Sale Price: $520,371

Overall Top 10 Sales:

  1. 1958 Ferrari 250 GT California LWB Spider sold for $8,250,000
  2. 1959 Porsche 718 RSK Roadster sold for $3,135,000
  3. 1957 Maserati 150 GT Spider sold for $3,080,000
  4. 1935 Mercedes-Benz 500K Cabriolet A sold for $2,750,000
  5. 1933 Duesenberg Model J Disappearing-Top Convertible Coupe sold for $2,695,000
  6. 1958 Ferrari 250 GT Speciale Coupe sold for $2,365,000
  7. 1938 Bugatti Type 57C Atalante sold for $2,035,000
  8. 1957 Mercedes-Benz 300SL Roadster sold for $1,540,000
  9. 2003 Ferrari Enzo Coupe sold for $1,485,000
  10. 1932 Alfa Romeo 6C 1750 Series V Gran Sport Spider sold for $1,375,000

Saturday total: $24.5M
53/55 lots sold: 96% sell-through rate
Average Sale Price: $462,758

Top 5 Saturday Sales:

  1. 1959 Porsche 718 RSK Roadster sold for $3,135,000
  2. 1957 Maserati 150 GT Spider sold for $3,080,000
  3. 1933 Duesenberg Model J Disappearing-Top Convertible Coupe sold for $2,695,000
  4. 1958 Ferrari 250 GT Speciale Coupe sold for $2,365,000
  5. 1957 Mercedes-Benz 300SL Roadster sold for $1,540,000

Overall 2012 Results

Total: $39.8M
116/118 lots sold: 98% sell-through rate
Average Sale Price: $343,396

BONHAMS

Overall Total: $13.4M
91/112 lots sold: 81%
Average Sale Price: $147,296

Overall Top 10 Sales:

1. 1938 Mercedes-Benz 540K Cabriolet A sold for $1,312,500
2. 1972 Lamborghini Miura P400 SV Coupe sold for $1,215,000
3. 1930 Bugatti Type 46 Faux Cabriolet sold for $951,000
4. 1968 Ferrari 330 GTS Spider sold for $912,500
5. 1955 Mercedes-Benz 300SL Gullwing Coupe sold for $896,000
6. 1967 Ferrari 365 GTC Speciale Coupe sold for $885,000
7. 1971 Ferrari 365 GTB/4 Daytona Cut Spyder sold for $423,000
8. 1972 Ferrari 365 GTB/4 Daytona Berlinetta sold for $384,500
9. 1969 Aston Martin DB6 Coupe sold for $285,500
10. 1931 Cord L-29 sold for $280,000

Overall 2012 Results

Total: $6.0M
44/67 lots sold: 66% sell-through rate
Average Sale Price: $135,920

RUSSO AND STEELE

Cumulative Total through Saturday: $14.3M
316/544 lots sold: 58% sell-through rate
Average Sale Price: $45,359

Overall Top 10 Sales:

  1. 1958 Mercedes-Benz 300SL Roadster sold for $726,000
  2. 1969 Chevrolet Camaro ZL1 Coupe sold for $605,000
  3. 1969 Chevrolet Camaro Douglass Yenko Coupe sold for $253,000
  4. 1940 Packard Darrin Custom Convertible sold for $242,000
  5. 1969 Ford Mustang Boss 429 SportsRoof sold for $233,750
  6. 2006 Ford GT sold for $206,250
  7. 1966 Chevrolet Corvette Custom Show Car Coupe sold for $176,000
  8. 1968 Shelby GT500 KR Convertible sold for $170,500
  9. 2007 Ferrari F430 Spyder sold for $150,700
  10. 1940 Willys Deluxe Coupe sold for $148,500

Saturday total: $7.2M
89/178 lots sold: 50%
Average Sale Price: $80,632

Top 5 Saturday Sales:

  1. 1958 Mercedes-Benz 300SL Roadster sold for $726,000
  2. 1969 Chevrolet Camaro ZL1 Coupe sold for $605,000
  3. 1969 Chevrolet Camaro Douglass Yenko Coupe sold for $253,000
  4. 1969 Ford Mustang Boss 429 SportsRoof sold for $233,750
  5. 2006 Ford GT Coupe sold for $206,250

2012 Results Through Saturday

Cumulative Total: $17.9M
356/555 sold: 64%
Average Sale Price: $50,279

SILVER

Cumulative Total Through Saturday: $2.8M
209/349 lots sold: 60%
Average Sale Price: $13,628

Overall Top 10 Sales:

  1. 1967 Chevrolet Corvette Convertible sold for $62,640
  2. 1955 Chevrolet Bel Air Hardtop Coupe sold for $46,980
  3. 1966 Chevrolet Chevelle sold for $39,420
  4. 1955 Chevrolet 210 Coupe sold for $38,880
  5. 1969 Chevrolet Camaro sold for $38,610
  6. 1936 Ford Cunningham Town Car sold for $38,232
  7. 1967 Mercury Convertible sold for $37,800
  8. 1969 Ford Mustang Mach 1 SportsRoof sold for $36,720
  9. 1961 Chevrolet Impala sold for $36,450
  10. 1955 Ford Sunliner sold for $36,180

Saturday total: $1.6M
111/194 lots sold: 57%
Average Sale Price: $13,997

Top 5 Saturday Sales:

  1. 1967 Chevrolet Corvette Convertible sold for $62,640
  2. 1966 Chevrolet Chevelle sold for $39,420
  3. 1955 Chevrolet 210 Coupe sold for $38,880
  4. 1969 Chevrolet Camaro sold for $38,610
  5. 1961 Chevrolet Impala sold for $36,450

Overall 2012 Results

Total: $2.9M
175/267 lots sold: 66% sell-through rate
Average Sale Price: $16,840

 

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