The collector car market continues to show strong returns as high yields are realized for premium examples. While the top end auction houses usually offer several seven figure examples per show, the spring Auctions America event at Auburn, Indiana last weekend had none of these high dollar headliners. Still, the event generated 19.1 million in sales, more than a 70 percent increase from the 2013 sales tally.
“This year’s Auburn Spring event was a record-setting weekend for the Auctions America team on numerous fronts. Our largest Auburn Spring to date, we presented a record volume of cars, attracted record attendance and bidder registrations, and achieved record results, we couldn’t be happier,” says Donnie Gould, president of Auctions America. “Add in strong ratings on NBCSN, which telecast from Auburn Spring for the first time, and great reviews for the AACA Special National Spring Meet, and the weekend was a great success on all levels. We look forward to continuing the momentum in the upcoming summer auction season, and continuing to build Auburn Spring as a must-attend event and destination for collectors in the years ahead.”
Spearheading the increase in sales and headlining the 2014 Auburn Spring weekend was a superb collection of 400 vehicles from Montreal’s John Scotti Collection, offered entirely without reserve. Topping the collection and claiming top sale honors of the weekend was a 1934 Chrysler Custom Imperial Airflow, restored to concours-quality condition, which spurred a lively bidding war, surpassing expectations at a strong $213,400. Additional highlights from the Scotti Collection included a virtually new 1987 Buick GNX, showing just 96 original miles, which realized $100,100; a stunning 1965 Sunbeam Tiger Roadster, the subject of an enthusiastic bidding contest, for $88,000; and a low-mileage, well-equipped 1989 Ferrari Testarossa, one of the most iconic automobiles of the 1980s, which garnered $84,150.
“I’m very happy with the results from this past weekend’s sale,” said John Scotti following the auction. “When the time came to sell my collection, I knew Auctions America would provide fantastic service and connect my cars with the right buyers.”
Auctions America Auburn Spring Top 10:
1. 1934 Chrysler Custom Imperial Airflow, $213,400
2. 1962 Chevrolet Impala SS 409 lightweight sports coupe, $151,250
3. 1956 Chevrolet Bel Air convertible, $148,500
4. 1960 Mercedes-Benz 190SL, $145,750
5. 1939 Packard Twelve touring cabriolet, $137,500
6. 1967 Chevrolet Corvette 427/435 roadster, $137,500
7. 1960 Chrysler 300F convertible, $132,000
8. 1957 Chrysler 300C convertible, $115,500
9. 1953 Buick Skylark convertible, $112,500
10. 1969 Shelby GT500 fastback, $110,000
To view these and all lots offered, click here.