Barrett-Jackson’s top results at the Scottsdale 2017 sale were for an Aston Marin DB5 and a 1960 Chevrolet Engineering Research Vehicle (CERV) 1.
A 1965 Aston Marin DB5 sold for $1,485,000 as the top result at the 2017 Barrett-Jackson Scottsdale collector car auctions. A second million-dollar-plus result was achieved when a 1960 Chevrolet Engineering Research Vehicle (CERV) 1 sold for $1,320,000. Barrett-Jackson set 30 new model records while an impressive $2.2 million was also collected for charity.
Barrett-Jackson Scottsdale 2017 Sale
Barrett-Jackson’s mammoth 46th Scottsdale collector car and automobilia sales were held over nine days from 14 to 22 February 2017 in Scottsdale, Arizona. Nearly 320,000 people attended the nine-day auction.
As usual, Barrett-Jackson offered all kinds of vehicles from fairly common cars to rare muscle cars and American racers. There are usually some jewels hidden in between and Barrett-Jackson again succeeded in surprising the collector car market with some stunning results – this year an Aston Martin DB5 sold at the highest price paid since 2014.
In 2017, Barrett-Jackson earned $102.4 million: nearly $100 million from the 1719 cars and $2.5 million for more than 1800 lots of automobilia. The sell-through rate was a very impressive 99.5%- In 2016, Barrett-Jackson grossed $105 million and offered 1,469 cars for sale.
Top Results at Barrett-Jackson Scottsdale 2017
The top results achieved at the Barrett-Jackson Scottsdale 2017 sale were:
|1||1964||Aston Martin DB5||1,485,000|
|2||1960||Chevrolet Engineering Research Vehicle (CERV) 1||1,320,000|
|3||1930||Duesenberg J Dual-Cowl Phaeton||880,000|
|4||2005||Porsche Carrera GT||616,000|
|5||1965||Shelby GT350 Fastback||445,500|
|6||2011||Ferrari 458 Italia||434,500|
|7||1963||Chevrolet Corvette 327/360 Split-Window “Fuelie”||385,000|
|7||1969||Ford Mustang Boss||385,000|
|9||1932||Rolls Royce Roadster||341,000|
|10||2015||Ferrari F12 Berlinetta||330,000|
|10||1964||Chevrolet Corvette LT1||330,000|
Charity Lots at the Barrett-Jackson Scottsdale 2017 Sale
Not included in the above top results are cars sold with 100% of hammer prices going towards charities. The top four from the charity lots were:
- $800,000 – 2012 Hennessey Venom GT Spyder from the personal collection of Rock and Roll Hall of Fame inductee Steven Tyler to benefit Janie’s Fund.
- $400,000 – 1970 Chevrolet Chevelle “Dale Earhardt Jr.’s” to benefit Nationwide Children’s Hospital.
- $300,000 – 1930 Cord L29 4-Door Broguham to benefit Loma Linda University Hospital
- $200,000 – 2014 Chevrolet #88 Dale Earnhard Jr. Race Car to benefit Nationwide Children’s Hospital.
Several further cars were sold for charity during the auctions to collect an impressive $2.2 million.
Million-Dollar Cars at Barrett-Jackson Scottsdale 2017
Barrett-Jackson sold two cars for over a million dollars at the 2017 Scottsdale collector car auctions:
1964 Aston Martin DB5
Aston Martin prices have been increasing steadily at recent auctions. After three Aston Martin DB5s sold for over a million dollar in 2014, many more tested the market in 2015 and 2016. However, the first standard Aston Martin DB5 to achieve in excess of a million dollar was only at RM Sotheby’s Arizona sale 2017 when a 1965 Aston Martin DB5 sold for $1,045,000.
A few hours later and only a few miles down the road, Barrett-Jackson took $1,485,000 for a 1964 Aston Martin DB5 at its Scottsdale 2017 sale. This rare factory left-hand-drive example came from a prominent collection and is a matching numbers example in top condition. Expect to see many more DB5s at auctions in 2017.
1960 Chevrolet Engineering Research Vehicle (CERV) 1
Barrett-Jackson achieved a strong $1,320,000 for the 1960 Chevrolet Engineering Research Vehicle (CERV) 1. This car was developed between 1959 and 1960 by Zorka Arkus-Duntov as a mid-engine, open-wheel racing car.
Although never raced, the car served as an engineering test bed to develop and refine Chevrolet body, chassis and suspension systems.
Other Results at Barrett-Jackson Scottsdale 2017
A few further noteworthy results at the Barrett-Jackson Scottsdale 2017 auctions:
- Justin Bieber’s 2011 Ferrari 458 Italia sold for $434,500 – a new world record for the model even if the price included concert tickets and a backstage pass (use not obligatory!)
- Just missing out on the top-ten, a new model record was set when a 1965 Volkswagen Type II 21-Window Deluxe Bus sold for $302,500. This VW bus was professionally restored to an exceptionally high standard – the average Samba bus is not going to make a quarter million in forthcoming sales.
- A new model record was also set when a 1956 Austin Princess sold for $159,000. This car belonged to John Lennon and failed to sell at the RM Sotheby’s London 2016 sale with a highest bid of £135,000 – $180,000 at the time.
Three noteworthy cars that failed to sell:
- 2011 Bugatti Veyron Grand Sport – the highest $1.9 million bid was not enough to by Floyd Mayweather’s white Bugatti.
- A 1970 Plymouth Hemi Cuda Convertible received an unsuccessful highest bid of $1.6 million.
- A 1971 Ferrari 365 GTB/4 Spider Conversion received a highest bid of $575,000 – the four unmolested berlinettas at other auction houses also failed to sell.
Barrett-Jackson generally follows a collector car auction schedule independent of the other major auction houses. Its next major auctions are Palm Beach in April, Northeast in Connecticut in June and Las Vegas in October.
More on Scottsdale, Arizona 2017:
- Scottsdale 2017 Results: General Results Overview, Barrett-Jackson, Bonhams, Gooding, RM Sotheby’s.
- Scottsdale 2017 Previews: 2017 Scottsdale and Arizona Auctions Preview, RM Sotheby’s Arizona Preview, Bonhams Scottsdale Preview, Gooding Scottsdale Preview.
- 2017 Pre-Auction Announcements: Bonhams (Porsche 904, Ferrari 340, Jaguar E-Type), RM Sotheby’s (1933 Chrysler CL), Gooding (Bugatti Type 35, Sports Cars, Performance Cars), Barrett-Jackson (Shelby Mustangs, Rare Mopars).
- Results from Scottsdale, Arizona 2016: Bonhams, RM Sotheby’s, Gooding, Barrett-Jackson.
Scottsdale (Arizona) – The First Classic Car Auctions of the Year.