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Tag: Auctions

Arizona auctions showed Porsche 911s’ rapid rise

Arizona auctions showed Porsche 911s’ rapid rise

I walked into the Gooding & Company auction in Scottsdale last Saturday just in time to witness a 1966 Porsche 912 being hammered sold for $75,000. No, not a proper six-cylinder 911 but a mild-mannered four-cylinder 912. With auction fee, the sale price was $82,500. I don’t mean to be disparaging, but this seems like […]

By January 21, 2015 4 Comments Read More →
Experts assess rising tide of collector-car values in ‘Sports Car Market’ seminar

Experts assess rising tide of collector-car values in ‘Sports Car Market’ seminar

Rising values, worth vs. drivability, and the fact that high-value collector cars are too-often seen today as precious commodities rather than classic automobiles meant to be enjoyed – these were the overarching themes of Thursday’s second annual Sports Car Market Scottsdale Insider’s Seminar. “As you heard, we are all slightly saddened that collector cars are […]

By January 16, 2015 Read More →
What I’d like to take home from Gooding

What I’d like to take home from Gooding

Let’s pretend that money is no object. That’s what I did as I strolled around Gooding & Company’s upscale auction in Scottsdale picking out my favorite classic cars, the ones I’d like to take home. I didn’t worry about being able to afford them, just whether they caught my eye. And boy did they ever. […]

By January 15, 2015 Read More →
2014 top stories: No. 4 — Classic cars auctioned online

2014 top stories: No. 4 — Classic cars auctioned online

The news was big enough that veteran collector-car auction pro Rick Cole was returning to Monterey with his own sale. But the way he was doing it was even bigger news. Cole created the first auction on the Monterey Peninsula during the classic car weekend in 1986. In 2014, he again demonstrated his inventive spirit. […]

By December 28, 2014 Read More →
2014 top stories: No. 7 — ‘Barn-find’ mania at the auctions

2014 top stories: No. 7 — ‘Barn-find’ mania at the auctions

Probably the best poster car for the seemingly insatiable rise of “barn-find” classic cars during 2014 was the British sale of what was most-likely the worst Ferrari Dino ever brought to auction, bar none. That would be the incredibly rusted-out 1973 Dino that had stood neglected in a soggy English garage with a leaky roof […]

By December 25, 2014 1 Comment Read More →
Next generation of collectors helps push auction action past $1 billion in one-year period

Next generation of collectors helps push auction action past $1 billion in one-year period

The Classic Car Bookshelf Classic Car Auction Yearbook: 2013-2014 By Adolfo Orsi and Raffaele Gazzi Published 2014 Publisher Historica Selecta Format Hardcover Pages 392 ISBN 9788896232064 Purchase Amazon In the past year — and for the first time — the sale of classic cars at major auctions around the world exceeded $1 billion — yes, […]

By November 17, 2014 Read More →
Monterey magic: Passion, wonder for great classic cars

Monterey magic: Passion, wonder for great classic cars

I was following a low, curvaceous Maserati race car through the woods of Pebble Beach when a break in traffic allowed the driver to pick up the pace on the winding two-lane road. The bright-red sports racer echoed with an intoxicating roar as he stepped on the gas and shifted through the gears of the […]

By August 21, 2014 Read More →
Preliminary figures show $399 million in auction sales at Monterey

Preliminary figures show $399 million in auction sales at Monterey

Preliminary results show sales of $399 million at the five traditionally conducted classic car auctions this weekend on the Monterey Peninsula. However, Hagerty Insurance, which monitors the auctions and provides preliminary numbers to the media, notes, “It is important to point out that there were a handful of significant no-sale’s from Sunday at Gooding that […]

By August 18, 2014 1 Comment Read More →
Behind-the-scenes auction action: ‘Mecum Dealmakers’ debuts on NBCSN

Behind-the-scenes auction action: ‘Mecum Dealmakers’ debuts on NBCSN

For the uninitiated, a classic car auction can seem a confusing array of fast-paced bidding and auctioneer harangues, plus mysterious tactics by veteran buyers and sellers, sometimes with hundreds of thousands of dollars at stake. A new reality series, Mecum Dealmakers, premiering Thursday at 10 p.m. (Eastern time) on NBCSN, is designed to take the […]

By July 30, 2014 Read More →
Retromobile classic car fest opens in Paris

Retromobile classic car fest opens in Paris

Retromobile, the sweeping annual classic car festival in Paris, opens its doors today with more than 400 exhibitors, three major auctions, collector cars and automobilia for sale, and with many special features, including 15 magnificent maharaja cars of India, a display dedicated to Italian automaker Lancia, and the sights and sounds of early land-speed-record race […]

By February 5, 2014 Read More →