Auction results for the 2020 Arizona Auction Week

The 2020 Arizona Auction Week—a “week” that actually encompasses ten days—concluded Sunday with $244.1 million in overall sales. This is a three-percent decrease from 2019’s $251M tally, despite an additional 574 cars being sold (a 17 percent increase), but is 4.7 percent above Hagerty’s forecast. Gooding & Company scored the biggest sale with a $3.2M 1995 Ferrari F50, and Barrett-Jackson wasn’t far behind with the charity auction of the first 2020 Corvette, which netted $3M for the Detroit Children’s Fund.

The takeaway for many is that the dramatic drop witnessed at the Monterey auctions was not repeated, but there are plenty of devils in the details. Most important is vehicle condition. Finely presented and rare cars sold extremely well, but there were relatively few of those in the auction tents. Vehicles in #1 (Concours) and #2 (Excellent) condition represented less than half the offerings—the lowest ratio Hagerty has observed in more than 5 years. Bidders, being more cautious, passed on common vehicles with visible needs unless the price was sufficiently discounted. Sell-through rate was 77 percent (compared to 81 percent in 2019), and the average price slipped to $81,534.

Cars over $1M at first blush seemed to have an easier time of it in Arizona; sell-through rate increased to 73 percent, from 43 percent in 2019. Much of the improvement has to do with sellers’ and auction companies’ newfound caution in bringing such high-dollar rides to market. There were 25 percent fewer million-dollar cars on offer compared to last year, and most sold below Hagerty Price Guide (HPG) values. (For the first time since 2012, no sale at the Arizona auctions surpassed $5M.)

The challenging environment for the most expensive cars partly has to do with what’s going on in the larger economy—the tide of investment dollars that flowed into this segment following the Great Recession has clearly slowed, and a tax advantage that allowed collectors to roll gains from car sales into other cars has been eliminated. But as with the rest of the collector car market, condition and provenance matters. Today’s cautious buyers will pay top dollar, but only for the best and rarest cars. Bonhams’ Alfa Romeo 8C 2300, the most expensive unsold car of the week, had a replacement engine, but a Hispano-Suiza J12 at Gooding that hadn’t been sold publicly in recent memory had no trouble beating its high estimate to bring $2.4M.

Even as parts of the market slide, others shine. SUVs and trucks continue to perform well—77 percent sold on or above HPG values, about the same as last year. Barrett-Jackson sold a 1989 Jeep Grand Wagoneer with 8000 miles for $110,000, which was approximately triple its condition-appropriate Hagerty Price Guide value. There’s also plenty of buzz around Dodge Vipers. Early RT/10s in excellent condition brought nearly 40 percent above expected results based on HPG values—and that’s not including Lee Iacocca’s Viper, which sold for $285,500, a new record for the model. Ford GTs (2005–2006) also brought strong prices, the best being a 2005 example in a non-standard combination of Midnight Blue with silver stripes for $451,000 at Barrett-Jackson. And although American muscle cars and restomods remain the stars of Scottsdale, modern classics from Europe and Japan also did well. Barrett-Jackson sold a 1990 Toyota Supra Mk III Turbo with less than 100 miles for a record-setting $88,000. The Paul Walker collection offered by Barrett-Jackson contained five 1995 BMW M3 Lightweights, with the lowest-mile example selling for $385,000.

With the biggest auctions of the year now in the rearview mirror, it’s clear we have a collector car market that’s cooled from the highs of the previous decade, especially at the top. Yet for most car collectors—that is, those who buy cars for thousands, rather than millions of dollars—Scottsdale was business as usual. Barrett-Jackson alone drew more than 5600 bidders and enjoyed its highest-grossing week ever. Long-term owners are still realizing gains. (In the current market, owners have typically reached break-even after three years of ownership.) And, as always, the best cars continued to appreciate. Price-sensitive buyers should be aware of the chill that has set in upmarket, however, as it could creep downward. Knowing what you’re buying and buying for enjoyment are two strategies that are as important today as ever.

Saturday recap

The clearest reason for the decrease in sales this year is the decline in overall quality of the consignments. Vehicles in #2 and #1 condition (“Excellent” and “Concours,” respectively) represented less than half the field—the lowest ratio we have observed in more than five years. We’re also seeing more cars with “stories.” For instance, Gooding & Company sold a 1953 Jaguar XK120 Roadster for $70,000, or 41 percent below its condition appropriate value because it had a later engine and transmission. Consequently, average sale price is down, from $100,239 in 2019 to $85,357 this year. For million-dollar cars, the average price fell 33 percent, to $1.79M. We’re seeing something of a domino effect here: Better cars are being kept off the market while values are soft, which is further driving down average values of what shows up.

Lower prices translated to a notable, 30-percent improvement in the sell-through rate at the top of the market, with 73 percent of million-dollar cars selling. Looking at all lots, sell-through rates dropped slightly, from 80 percent last year to 77 percent this year. Buyers in today’s market can afford to be patient. 

That patience seems to run out, however, when exceptional cars and/or rare opportunities present themselves. On Saturday, Gooding’s 1932 Hispano-Suiza J12 Dual Cowl Phaeton brought $2.42M, beating its high estimate of $2M. The seven BMW M3s Barrett-Jackson sold from the Paul Walker collection brought $1.7M—more money than all the M3s sold at public auction in 2019. And the charity auction for the first production 2020 Chevrolet Corvette brought $3.0M, a record for a new Corvette (proceeds benefited the Detroit Children’s Fund) and also the top sale of the day.

Dodge Vipers in Excellent condition, especially early RT/10s, are generating a lot of interest this week as well. Sale prices were nearly 50 percent above expected results based on Hagerty Price Guide values, with Barrett-Jackson selling a 1995 RT/10 for $69,300, or 69 percent above expected.

Scottsdale winds down today, but three auction companies—Barrett-Jackson, Russo and Steele, and Leake—will still be selling vehicles. Barrett-Jackson has a rare 1918 Kissel 38 Touring Sedan and a 1949 Studebaker M5 Truck used by the Grateful Dead. Leake is offering a 1978 International Scout II Wagon, which is on the Hagerty Bull Market list for 2020. Russo and Steele will offer a variety of Ford Mustangs and Chevrolet Corvettes.

Auctions pick up again in Paris in early February around Rétromobile with sales by RM Sotheby’s, Bonhams, and Artcurial. Mecum returns to Phoenix in mid-March after a debut in Arizona in 2019, and Mecum and Bonhams will both conduct motorcycle auctions in Las Vegas next week.

Friday recap

At this point of Arizona Auction Week 2020, all auction companies have started or completed their sales, and results so far have further revealed polarization in the market. Cars below $25,000 are accelerating regardless of condition, but offerings above $250,000 are proving to be more difficult to find new homes.

Total sales are 11 percent behind 2019 at $148.9M, and average sale price is down from $82,234 in 2019 to $68,519 this year. That mostly reflects the fall-off at the top of the market: This year we’ve seen the lowest number of million-dollar cars in Scottsdale since 2013, just 37, as auction companies and sellers worry about softer values for those vehicles.

Cars valued above $1M struggled for much of 2019 and they continue to seek footing so far this year. These challenges were apparent as RM Sotheby’s fell just shy of selling its 1958 Ferrari 250 GT Series I Cabriolet at a high bid of $5.5M. The sell-through rate at this level, 68 percent, was much improved over a year ago, but the average price of seven-figure cars was down 37 percent and far fewer of these lots were bid to or above expected Hagerty Price Guide (HPG) values.

A few rarefied cars still managed to score impressive prices, as Gooding & Company’s successful first day included a 1995 Ferrari F50 selling for $3.2M, and a rare Daytona class-winning 1970 Porsche 914/6 GT that set a record for the model at $995,000. RM Sotheby’s also sold its remarkably original 1937 Mercedes-Benz 540K Hebmüller Coupe for $995,000. Other than these bright spots, the drop off has a lot to do with the fact that the best cars weren’t here.

Concerns at the top of the market haven’t, by and large, trickled down to the rest of the market. Affordable vehicles found strong bids, as 69 percent of vehicles with a #2-condition Hagerty value of less than $15,000 sold at or above their condition appropriate value. One example was a 1975 Chevrolet Corvette sold by Leake for 70 percent above its condition appropriate value. Buyers shopping for vehicles below $50,000 had less of an eye for condition, with driver-quality vehicles selling for more of a premium over vehicles in #1 condition.

Vehicles from the 1980s continue to be a bright spot in the market. Nine out of 11 fourth generation (1983-96) Corvettes have been bid to or above condition appropriate values and the same is true for all five Buick Regals—a standout car from a year ago. All five Mercedes-Benz 350/450SLs, however, were bid below condition-appropriate HPG values. Overall, the sell-through rate of cars from the ’80s is the highest of any post-war decade.

Other notable sales included Gooding’s 411-mile 1974 Volkswagen Karmann Ghia coupe that set a record for the model at $86,800—almost triple the #1 Hagerty Price Guide value. RM Sotheby’s sold a 1979 Porsche 911 Carrera Turbo for $390,000—more than double the #1 Hagerty value and the highest amount seen since 2016. Newcomer Leake also sold a 2003 Chevrolet Corvette 50th Anniversary for 11 percent above #1 Hagerty value, and Barrett-Jackson sold a 2010 Dodge Viper ACR Voodoo Edition #1 for $235,000, which is a record for the model.

As has been the case all week, trucks and SUVs are still selling strong with 76 percent of them selling at or above Hagerty Price Guide values, 36 percent higher than cars. In particular, a 1989 Jeep Grand Wagoneer sold Friday at Barrett-Jackson for $110,000, setting a new world record for a Wagoneer by almost $40,000. Russo and Steele also sold the 1977 Dodge Trail Duster Top Hand Prototype 4×4 for an impressive $46,200.

Plenty of sought-after cars have yet to cross the block. Barrett-Jackson will offer five 1995 BMW M3 Lightweights from the Paul Walker collection. And with the premium his collection has been getting at auction, the late actor appears to be poised to become the next Paul Newman of celebrity car collectors. Gooding & Company will offer a 1948 Tucker 48 with an estimate of $1.75M to $2.25M. Leake is offering a 1964 Cheetah Prototype Coupe s/n 003. Russo and Steele will offer a 1967 Chevrolet Corvette Convertible 427/400 L68 originally ordered by Bill Mitchell. Barrett-Jackson will also offer the first retail production mid-engine 2020 Chevrolet Corvette Stingray s/n 001 for charity with 100 percent of the proceeds benefiting the Detroit Children’s Fund.

Thursday Recap

Thursday of Arizona Auction Week saw four more auction companies add to the bidding frenzy. Seven of the eight auction companies have now begun (or finished) their auctions. Bonhams concluded its one-day sale, RM Sotheby’s began its two-day sale, and both Leake and Russo and Steele began four days of auctions. As it stands, 2020 sales from all auction companies totaled $69.6M versus $86.8M in 2019. This amounts to a 20-percent difference compared to last year, and the $47,890 average price is nearly $12,000 lower.

With most auctions now posting results, sales are beginning to reveal a pattern of what people are buying and what they aren’t. Million-dollar lots continue to be a hard sell in this market with an initial sell-through rate of 44 percent. Cars failing to meet the reserve on the block included Bonhams’ headline car, a 1932 Alfa Romeo 8C 2300 Cabriolet by Figoni, which was a no-sale at a high-bid of $8,700,000, as well as its in-need-of-restoration Lamborghini Miura, which hammered unsold at $800,000. At RM Sotheby’s, a 1954 Ferrari 250 Europa and a 1965 Ferrari GTB/C failed to meet reserve at high bids of $1.4M and $1.M, respectively.

By contrast, vehicles priced below $25,000 are performing well and are the only price group with a sell-through rate higher than 2019’s; but vehicles at this value have less of an impact on total sales or the average sale price. Consequently, overall sales are down 20 percent and the average price is down 19 percent. The share of no-reserve lots is down five points to just over 68 percent. However, vehicles have been, on average, bid 14-percent above condition-appropriate Hagerty Price Guide (HPG) values, which is a 33-percent slide from last year.

Customs and restomods at Barrett-Jackson continue to gain share of the run-list, but average price is nearly unchanged year-over-year at $41,000. The model year of the vehicles being customized continue to get older.

Trucks and SUVs remain a shining star, with 77 percent being sold at or above HPG values versus 58 percent for cars. This aligns with what Hagerty has observed in insurance quotes for trucks and SUVs over the last year, with bigger growth in activity and a 15-percent increase in median quoted value (compared to just 5 percent for cars). One such stand-out was a good 1977 GMC Jimmy at Barrett-Jackson that sold for an excellent $38,500.

Even in these tough times for top-tier cars, major sales have been completed: A 2018 Pagani Huayra Roadster sold for $2.37M at RM Sotheby’s is the high sale of the week so far. Bonhams sold a 1951 Ferrari 212 Inter Cabriolet by Vignale for $1.93M. A 1992 Dodge Viper RT/10 Roadster (Bonhams), serial #001 owned by Lee Iacocca, became the second most valuable Viper to sell at auction at $285,500.

Friday we’ll see more high-profile cars cross the block, as RM Sotheby’s concludes its two-day auction, Gooding begins its two-day event, and Russo and Steele, Leake, and Barrett-Jackson get down to their feature cars. Highlight lots include a 1958 Ferrari 250 GT Series I Cabriolet at RM Sotheby’s, a 1970 Porsche 914/6 GT at Gooding & Company, a 1997 Chevrolet Monte Carlo Winston Cup NASCAR charity lot benefitting the Arizona Animal Welfare League at Barrett-Jackson, a 1967 Shelby GT350 Fastback in Lime Green at Leake, and a 1971 Dodge Charger Super Bee “Mr. Norms” at Russo and Steele.

Wednesday Recap

The 2020 Arizona Auction Week kicked into full swing yesterday as Barrett-Jackson concluded its third day of sales and Worldwide Auctions completed its one-day event.

Factoring in totals from MAG Auctions (formerly Silver Auctions Arizona) over the weekend, results thus far are down 16.5 percent from a year ago, amounting to $25.9 million against $31M in 2019, with approximately 100 fewer vehicles offered. Average sale price was down 10 percent but sell-through rate remained consistent. What’s more encouraging, however, is that nearly half of the cars on offer sold for above condition-appropriate Hagerty Price Guide values. Vehicles in the $15,000–$25,000 range did particularly well in this regard, continuing the trend of affordable options performing best in the market.

It wasn’t all about affordability, though; buyers were still looking for excellent condition examples. Of vehicles conditioned by Hagerty as “excellent” or better (#2 condition and above), 50 percent sold for more than condition-appropriate values. This was a 14-percentage-point increase over the first three days of 2019. Two excellent and freshly restored Triumphs, for example, broke records yesterday at Barrett-Jackson, with a 1972 TR6 bringing $55,000 (a world record for the model) and a 1967 GT6 selling for $39,600 (a world record for a GT6 road car). A 5300-mile 1992 Chevrolet Camaro Z/28 also sold for $44,000 at Barrett-Jackson, exceeding its #1 (Concours) condition value by nearly $15,000.

Trucks and SUVs are still bringing strong bids. Through three days, trucks and SUVs outperformed cars—as they did last year, but by a slightly wider margin. An 1800-mile 2001 Ford F-150 SVT Lightning particularly stood out with a $43,000 sale price.

Top sale so far comes courtesy of Worldwide Auctions, with a 1936 Auburn 852 Supercharged Speedster that sold for $880,000 followed by the one-off 1956 Chrysler-Ghia Plainsman Station Wagon, also at Worldwide, that sold for $742,500. The Plainsman previously brought $176,000 in unrestored condition back in 2014.

Today we’ll see a test of the high end of the market, with a Bonhams sale that includes a 1932 Alfa Romeo 8C 2300 Cabriolet by Figoni and the first day of RM Sotheby’s auction, where we’ll see a 2018 Pagani Huayra Roadster and a 1954 Ferrari 250 Europa. Still, the bulk of the metal moving in Scottsdale will be affordable, with newcomer Leake starting its auction, Russo and Steele kicking off its first day of sales, and another full day from Barrett-Jackson.

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 from all auction companies

Cumulative Total: $244.1M
2,994/3,867 lots sold: 77% sell-through rate
Average Sale Price: $81,534

Overall Top 10 Sales from all auctions through Sunday:

1. 1995 Ferrari F50 Coupe sold for $3,222,500 (Gooding & Company)
2. 2020 Chevrolet Corvette Stingray Coupe sold for $3,000,000 (Barrett-Jackson)*
3. 1932 Hispano-Suiza J12 Dual Cowl Phaeton sold for $2,425,000 (Gooding & Company)
4. 2018 Pagani Huayra Roadster sold for $2,370,000 (RM Sotheby’s)
5. 1948 Tucker 48 Sedan sold for $2,040,000 (Gooding & Company)
6. 2021 Lexus LC 500 Convertible sold for $2,000,000 (Barrett-Jackson)*
7. 1967 Ferrari 330 GTS Spider sold for $1,985,000 (Gooding & Company)
8. 1972 Ferrari 365 GTS/4 Daytona Spider sold for $1,930,000 (Gooding & Company)
9. 1951 Ferrari 212 Inter Cabriolet sold for $1,930,000 (Bonhams)
10. 1967 Ferrari 330 GTS Spider sold for $1,710,000 (RM Sotheby’s)

* Charity car

2019 Cumulative Results through Sunday
Cumulative Total: $251.2M
2,662/3,295 lots sold: 81% sell-through rate
Average Sale Price: $94,374

Results broken down by Auction Company

BARRETT-JACKSON

Cumulative Total through Sunday: $137.1M
1,908/1,909 lots sold: 99.9% sell-through rate
Average Sale Price: $71,833

Overall Top 10 Sales:

1. 2020 Chevrolet Corvette Stingray Coupe sold for $3,000,000*
2. 2021 Lexus LC 500 Convertible sold for $2,000,000*
3. 2017 Ford GT Coupe sold for $1,485,000
4. 2017 Ford GT Coupe sold for $1,182,500
5. 1969 Chevrolet Camaro COPO Sport Coupe sold for $1,094,500
6. 2019 McLaren Senna Coupe sold for $946,000
7. 1963 Aston Martin DB5 Saloon sold for $660,000
8. 1974 Ford Bronco Custom SUV sold for $650,000
9. 2020 Chevrolet Camaro COPO John Force Drag Car sold for $600,000*
10. 2003 Saleen S7 Coupe sold for $467,500

* Charity car

2019 Results through Saturday
Cumulative Total: $126.4M
1,818/1,819 lots sold: 99% sell-through rate
Average Sale Price: $69,538

GOODING & COMPANY

Cumulative Total through Saturday: $35.8M
122/137 lots sold: 89% sell-through rate
Average Sale Price: $293,501

Overall Top 10 Sales:

1. 1995 Ferrari F50 Coupe sold for $3,222,500
2. 1932 Hispano-Suiza J12 Dual Cowl Phaeton sold for $2,425,000
3. 1948 Tucker 48 Sedan sold for $2,040,000
4. 1967 Ferrari 330 GTS Spider sold for $1,985,000
5. 1972 Ferrari 365 GTS/4 Daytona Spider sold for $1,930,000
6. 1960 Ferrari 250 GT Cabriolet SII sold for $1,462,500
7. 1968 Lamborghini Miura P400 S Coupe sold for $1,242,500
8. 2014 McLaren P1 Coupe sold for $1,160,000
9. 1970 Porsche 914/6 GT Targa sold for $995,000
10. 1958 Mercedes-Benz 300SL Roadster sold for $940,000

2019 Cumulative Results
Cumulative Total: $48.1M
105/124 lots sold: 85% sell-through rate
Average Sale Price: $462,360

RM SOTHEBY’S

Cumulative Total through Friday: $30.3M
128/143 lots sold: 90% sell-through rate
Average Sale Price: $237,080

Overall Top 10 Sales:

1. 2018 Pagani Huayra Roadster sold for $2,370,000
2. 1967 Ferrari 330 GTS Spider sold for $1,710,000
3. 1971 Lamborghini Miura P400 SV Coupe sold for $1,391,000
4. 1955 Mercedes-Benz 300SL Gullwing Coupe sold for $1,270,000
5. 1930 Cadillac Series 452 Fleetwood Sport Phaeton, 5-p. sold for $1,105,000
6. 2008 Bugatti Veyron 16.4 Coupe sold for $1,105,000
7. 1937 Mercedes-Benz 540K Hebmuller Coupe sold for $995,000
8. 1957 Mercedes-Benz 300SL Roadster sold for $973,000
9. 2017 Ford GT Coupe sold for $923,500
10. 2005 Porsche Carrera GT Coupe sold for $786,000

2019 Cumulative Results
Cumulative Total: $36.8M
129/154 lots sold: 84% sell-through rate
Average Sale Price: $285,448

LEAKE AUCTIONS

Cumulative Total through Sunday: $16.6M
357/674 lots sold: 53% sell-through rate
Average Sale Price: $46,574

Overall Top 10 Sales:

1. 2012 Lexus LFA Coupe sold for $429,000
2. 1957 Chrysler 300C Convertible sold for $357,500
3. 1958 Dual-Ghia Hemi Convertible sold for $330,000
4. 1960 Chrysler 300F Convertible sold for $319,000
5. 1968 Chevrolet Corvette Coupe sold for $275,000
6. 1959 Chrysler 300E Convertible sold for $242,000
7. 1958 Cadillac Eldorado Biarritz Convertible sold for $222,200
8. 1958 Pontiac Bonneville Convertible sold for $220,000
9. 1962 Chevrolet Corvette Custom Convertible sold for $220,000
10. 1958 Cadillac Eldorado Biarritz Convertible sold for $216,700

2019 Cumulative Results: N/A (First Year)

BONHAMS

Cumulative Total through Thursday: $8.4M
88/108 lots sold: 81% sell-through rate
Average Sale Price: $95,872

Overall Top 10 Sales:

1. 1951 Ferrari 212 Inter Cabriolet sold for $1,930,000
2. 1955 Lancia Aurelia B24 Spider America sold for $810,000
3. 1924 Rolls-Royce Silver Ghost Piccadilly Special Roadster sold for $368,000
4. 1995 Ferrari F512 M Coupe sold for $313,000
5. 2005 Ford GT Coupe sold for $285,500
6. 1992 Dodge Viper RT/10 Roadster sold for $285,500
7. 1972 Ferrari Dino 246 GTS Spider sold for $280,000
8. 1960 Alfa Romeo 2000 Spider sold for $154,000
9. 1901 Winton 8 HP Runabout sold for $142,800
10. 1912 Winton Six 48 HP Touring sold for $140,000

2019 Results through Thursday
Cumulative Total: $16.1M
108/120 lots sold: 90% sell-through rate
Average Sale Price: $149,070

RUSSO AND STEELE

Cumulative Total through Sunday: $8.0M
251/513 lots sold: 49% sell-through rate
Average Sale Price: $31,998

Overall Top 10 Sales:

1. 1956 Porsche 356A Speedster sold for $258,500
2. 1989 Mercedes-Benz 560SEC Wide Body Coupe sold for $253,000
3. 1970 Plymouth Road Runner Superbird Hardtop Coupe sold for $214,500
4. 1966 Shelby GT350 Fastback Sedan sold for $156,750
5. 1973 Lamborghini Espada 400 GTE SIII Coupe sold for $154,000
6. 1959 Chevrolet Corvette Resto Mod Convertible sold for $126,500
7. 2013 McLaren MP4-12C Spider sold for $118,250
8. 1958 DeSoto Firesweep Convertible sold for $115,500
9. 2008 Lamborghini Gallardo Superleggera Coupe sold for $115,500
10. 1990 Ferrari Testarossa Coupe sold for $110,000

2019 Cumulative Results
Cumulative Total: $11.8M
308/621 lots sold: 50% sell-through rate
Average Sale Price: $38,464

WORLDWIDE

Cumulative Total through Thursday: $6.1M
42/55 lots sold: 76% sell-through rate
Average Sale Price: $144,264

Overall Top 10 Sales:

1. 1936 Auburn 852 Supercharged Speedster sold for $880,000
2. 1956 Chrysler-Ghia Plainsman Concept Station Wagon sold for $742,500
3. 1930 Duesenberg Model J Willoughby Berline sold for $605,000
4. 1937 Packard Twelve-Series 1508 Convertible Sedan sold for $451,000
5. 1997 Porsche 911 Turbo S Coupe sold for $341,000
6. 1970 Plymouth Road Runner Superbird Hardtop Coupe sold for $242,000
7. 1934 Packard Super Eight-Series 1104 Sport Phaeton sold for $192,500
8. 1930 Cadillac Series 452 Vanden Plas Imperial Landau, 7-p. sold for $167,750
9. 1938 Packard Twelve-Series 1607 Convertible Victoria sold for $165,000
10. 1957 DeSoto Adventurer Convertible sold for $165,000

2019 Cumulative Results
Total: $9.4M
55/71 lots sold: 78% sell-through rate
Average Sale Price: $171,166

MAG AUCTIONS

Cumulative Total through Sunday the 12th: $1.7M
98/326 lots sold: 30% sell-through rate
Average Sale Price: $17,846

Overall Top 10 Sales:

1. 1968 Shelby GT500 KR Fastback sold for $167,400
2. 1970 Ford Mustang Boss 302 SportsRoof  sold for $64,800
3. 1934 Pierce-Arrow Model 836A Sedan sold for $47,520
4. 1968 Dodge Charger Hardtop Coupe sold for $44,820
5. 2007 Bentley Continental GTC Convertible Coupe sold for $44,280
6. 1966 Chevrolet Chevelle Clone Sedan sold for $43,740
7. 1966 Chevrolet Chevelle Custom Sedan sold for $43,200
8. 1972 Chevrolet C10 1/2 Ton Pickup sold for $43,200
9. 1937 Buick Special Model 46-C Convertible Coupe sold for $41,040
10. 1933 Factory Five Hot Rod Roadster sold for $39,690

2019 Cumulative Results
Total: $2.5M
139/384 lots sold: 36% sell-through rate
Average Sale Price: $17,816

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