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Barrett Jackson Las Vegas 2009

October 26, 2009 Everything Else No Comments

Collector Cars Are Hot

October 8-9-10 the Mandalay Bay Resort was host to the Barrett Jackson Auction at Las Vegas.  This was broadcast on Speed Channel for 19 hours.

Auto auctions are always interesting to watch.  They provide a great deal of information about what the market currently is for collector cars.

This particular three day auction was no exception for market conditions.  Here is the “Official” Top Sales list.  Top seller was a 64 Shelby Cobra that went for $400,000 + a 10% buyer’s commission which brought the total to $440k.

It was interesting to note that two very nice Austin Healey 3000’s, a 65 and 67 sold for $77k and $79k respectively.  One of the best prices that I saw was a 2000 Ferrari 360 that went for $77k.

Custom Car Big Money

Top Sellers2Custom cars brought tremendous money at this auction. One thing is for sure, originality is not an absoulte requirement for big bucks.  Superb craftsmanship and appearance in the Custom Car category brings major money.

Budget Money

Spending some time with the auction results reveals that the lowest sale price was $2,200 for a 1976 Cadillac Fleetwood Brougham 4 Door Sedan.  Maybe these details will excite you or put you to sleep:

Summary: Original and clean with 47,000 original miles. Equipped with a 500cid engine and automatic transmission. Air conditioning has been upgraded and works great, full power everything. Interior is excellent, with plush moist leather and working 8-track.

Top Sellers1Details: Original, clean Cadillac with 47,000 original miles. Equipped with the 500cid engine and automatic transmission. Air conditioning has been upgraded and works great, full power everything and even has the original working 8-track with the Beatles in, ready for play. New tires, hoses, new brake cylinders and new brakes. Reliable transportation and looks great. The interior is still moist leather, excellent and well above expected wear for a vehicle of this age. All stainless trim is intact and the fender skirts are also there on both sides.

Serious Money

At the other end of the sale spectrum was the 65 Shelby Cobra 289.  Here is the data, compliments of Barrett Jackson, for your review:

Shelby CobraSummary: CSX2568 has the original CA black plates and registration tags that expired in 1972. This is the first time CSX2568 has been in the public in about 40 years and the first time it has been offered for sale since 1968. Fresh complete, correct restoration.

Details: CSX2568 has the original California black license plates with the original registration tags that expired in 1972. This is the first time that CSX2568 has been in the public in almost 40 years, during which time it has been in dry and covered storage. This is the first time the car has been offered for sale since 1968. The original California title pink slip comes with the car. It has zero miles on a 2-year concours restoration of what was already a complete, unbent and not rusty car. Complete nut, bolt and rivet body-off restoration to bare metal with new top and upholstery. Extensive documentation of the restoration with photos, etc. conducted by one of the top restorers in California. Princess Blue with red leather interior that are the original colors. 32,831 original miles on a car that has never been more than 100 miles from San Francisco, until this auction. Never raced, never any rust whatsoever and never bent. Original owner was Jacuzzi of the hot tub fame. Completely redone 289cid High Performance engine with 306hp. When originally delivered to the California dealer, the original 271hp stock engine in the car received the dealer installed 306hp option which consisted of a Holley 715cfm center pivot carburetor, a Cobra high rise manifold, tubular Balanger headers and an aluminum Cobra 6-quart oil pan, all of which are still on this as-originally-equipped car. Original style Dunlop racing tires on chrome Borranis, original chrome wires come with the car. All numbers on chassis, engine, transmission and differential are correct and original. **VEHICLE IS TITLED WITH ENGINE NUMBER**

Ferrari 360If you happen to have a collector car or are interested then look through the complete sale list and prepare yourself!  This is very educational.  One car that caught my attention was a 1975 Bricklin SV-1.  All things considered the car sold for a very modest price.  I had an opportunity to drive a new Bricklin SV-1.  It was a memorable road test!  Not because of speed, that was never part of the road test.  Stopping at a major car dealership, opening the gull wing doors, and getting out was the most memorable!

Scottsdale Arizona January 18-24

If you are into auctions, then be sure to schedule some time for the Scottsdale Arizona Auction coming up in January.  This show gets the real big bucks.

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