The whirlwind of Scottsdale auctions ceased Sunday afternoon with Barrett-Jackson hammering a Jaguar sold at $ 18,000, delivering their totals to $103.3 million and 1,484 vehicles sold. Six other auction companies drew the totals for the week to $250.6 million and 2,491 sold out of 3,104 offered for an 80 percent sell-through rate. Median price, including everything from four-figure agreements at Silver to seven-figure Pebble Beach competitors at Gooding, was $100,588. The top sale of the week, a fantastically presented 1937 Mercedes-Benz 540 K Special Roadster at RM Sothebys, is officially the most expensive gondola sold in Arizona Auction Week history at $9.9 million.
While those are certainly impressive numerals, 2016 fell well short of the record-breaking high-water differentiate of last years Scottsdale auctions. Despite more presents this year than last-place, total sales were down over $40 million, median sale price was down over $15,000, and sell-through charge was down six percentage. Fewer automobiles sold for over$ 1 million this year is comparable to 2015, 25 as opposed to 34. Exclusively Russo and Steele and Silver Auctions improved over last year, with all the rest except for RM Sothebys picturing a sizable fell. The overall tone of the weeks entreat could be described as cautious.
The overall envision may be down, but upon closer inspection there were some very strong musicians this year that show signs of continued appreciation. Late-model exotics made up three of the top 10 sales, while C4 Corvettes, first generation K5 Blazers, Mercedes-Benz SL5 00 s, and American gondolas from the late 1970 s and 1980 s were particular shining spots in Scottsdale with a number of top-notch examples of the second largest generation Pontiac Firebirds introducing massive solutions. Overall, its the mid-market autoes from the 1970 s through 90 s that seem to be strongest at the moment.
As for the top auctions, it was still as exciting and beneficial a group of cars as you would expect from Scottsdale. It was a diverse group as well, covering a distance of 86 years. Gooding had a strong showing of Ferraris both modern and classic, a duet of Duesenberg Model Js introduced $2,420, 000 and $3,000, 000 and an essentially new McLaren P1 wreaked exactly shy of $2.1 million.
Overall Top 10 Marketings 😛 TAGEND
1937 Mercedes-Benz 540 K Special Roadster
1950 Ferrari 166 MM/ 195 S Berlinetta Le Mans
1967 Ferrari 330 GTC Speciale
1929 Duesenberg Model J Disappearing Top Torpedo Convertible
2003 Ferrari Enzo
1929 Duesenberg Model J Dual Cowl Phaeton
1995 Ferrari F50
1965 Shelby Cobra 427 Competition Roadster
1965 Ferrari 275 GTB
2015 McLaren P1