The week of January 13 kicked off the annual bacchanalia of classic car sales that is the collective “Scottsdale Auctions.” This year, the same six auction houses returned to the Valley of the Sun, with a mixture of results compared to last year.
Overall, total sales, across all the auction companies increased to a staggering $248.6 million, with some 2,321 vehicles selling, out of a total of 2,815 on offer. Specific results for each auction house were as follows:
Barrett-Jackson– Perennial juggernaut Barrett-Jackson’s total sales slipped by a little over 1 percent over the previous year’s sale, though their 2014 result was still an impressive $107.8 million (compared to $109 million in 2013) and the highest total of all Scottsdale auctions, with 1,381 of 1,388 vehicles selling. Top sale at Barrett-Jackson came in the form of the 1967 Chevrolet Corvette #57 Rebel L88 racecar, which sold for $3,850,000.
Gooding & Company– The next highest auction, by total sales, was Gooding & Company, which closed the week with $49.5 million, a 6 percent decrease from last year’s surprising $52.5 million total. Gooding sold a total of 110 of 117 vehicles, with its top lot being a 1958 Ferrari 250 GT Cabriolet selling for $6,160,000.
RM Auctions– RM Auctions saw a significant increase in their total sales, with a yield of $45.6 million in 2014 compared to last year’s $36.4 million. RM sold 108 of 126 vehicles with its top sale—and top lot of all sales in Scottsdale this year—going to a 1958 Ferrari 250 GT California LWB Spyder, which sold for $8,800,000.
Bonhams– Bonhams showed improvement this year with $23.5 million in sales compared to last year’s $13 million. All told, 86 of 101 vehicles were sold, with their top seller being a 1951 Ferrari 212 Export Coupe going for $3.19 million.
Russo & Steele– Russo & Steele saw their total sales increase from $17.5 million in 2013, to $19 million this year. Russo & Steele sold 456 out of 751 cars, with their top sale being a 1966 Lamborghini 350GT that was hammered sold at $742,500.
Silver Auctions– The often forgotten Silver auction flew under the radar again at Scottsdale with $3.1 million of sales generated by 179 of 331 lots selling.
