Auctions don’t get much glitzier than the Barrett-Jackson sale at the Mandalay Bay Resort in Las Vegas. This year was the 9th annual sale and in contrast to Europe’s slightly up and down results, Barrett Jackson saw a 99.2% sell-through rate which totalled more than £26.7 million.
“This Las Vegas auction proved that Barrett-Jackson continues to set the bar for sales, attendance and broadcast coverage among collector car auctions,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “We experienced extraordinary television coverage with 24 hours being broadcast in the U.S. on Discovery and Velocity, as well 24 hours in Canada and 20 hours in the United Kingdom. We’re proud to fuel the collector car hobby by bringing our live auctions into the living rooms of fans around the world.”
The top five vehicles sold during the 2016 Las Vegas auction include:
1969 Ford Mustang Boss 429 – $357,500 (£293,634) (Lot #749)
1967 Ford Shelby GT500SE Super Snake – $275,500 (£226,283) (Lot #741)
2008 Dodge Viper SRT/10 Hurst 50th Anniversary – $220,000 (£180,698) (Lot #398)
2009 Mosler MT900 GTR Twin-Turbo Custom Prototype “IAD Land Shark” – $220,000 (£180,698) (Lot #744)
2012 Rolls-Royce Silver Ghost Sedan “Pawn Stars” – $181,500 (£149,075) (Lot #730)
The Tammy Allen Collection was a featured attraction during the auction. The Collection included some highly-prized vehicles, including the 2008 Dodge Viper SRT/10 Hurst 50th Anniversary that sold for $220,000 (£180,698), a 1962 Jaguar XKE Roadster selling for $165,000 (£135,523), as well as a 1953 Buick Skylark Convertible and the “Wasabi” 1950 Mercury Coupe, both of which sold for $159,500 (£131,006).One particular lot that caught our eye was a beautiful 1960 Chevrolet Corvette 283/270 Convertible. A timeless classic that would look at home on Sunset Boulevard, London’s Kings Road and Monte-Carlo. At a sale price of just $51,700 (£42,464) is there another car out there at this price with such an iconic look?2016 has been a bumper year for Barrett Jackson and now we look ahead to the next Scottsdale auction in January where records will no doubt tumble again.
“This year was our 45th Anniversary and we’ve had a lot to celebrate,” said Jackson. “In Scottsdale we set new records at every turn, including the sale of 2017 Acura NSX VIN #001, which sold for $1.2 million for charity. In Palm Beach, we welcomed Hollywood megastar William Shatner on stage to help sell two cars from his collection. At our inaugural Northeast Auction in Connecticut, tickets sold out within hours after gates opened and the vehicle docket closed well in advance due to strong demand. It was the first double sell-out in our company’s 45-year history. It’s only fitting that we top off our 45th Anniversary in Las Vegas with exceptional international TV coverage and sales, making it a truly banner year for our company, as well as our bidders, consignors, sponsors and fans.”
© 2016 Barrett-Jackson Auction Company, LLC.
About the Author
Tim Hutton has been involved in the automotive industry for 17 years, creating ideas and content for premium brands. When not writing about cars, you will find him driving them all around the world. Having learned to drive at seven in a racing car, gasoline is very much in his veins.