One of the truly important cars sold in the prime time Saturday auction was a 1956 Chrysler 2-Door Custom Wagon. No they never made a 2-door wagon but the builder thought they should have, and this is what he fantasized it should look like. They estimate that 11,000 hours of hand fabrication was involved in building this car. We liked it so much we included it among our top "Prime Time Saturday" picks. It sold for $187,000 (including the buyer premium.)
Barrett-Jackson Coverage
Sunday Auction Puts A Wrap On Another Incredible Sale At the Barrett-Jackson
Scottsdale, AZ January 24, 2010 --
There is always a little bit of melancholy as the Sunday session of the Barrett-Jackson Collector Car Auction here at Westworld comes to an end. This was the last day of the sale. For six days we've been rushing head-on into the fast paced atmosphere and newsworthy happenings here at the big show. As the last car sold on Sunday we got a chance to catch our breath. But it was gut-check time because the big show is over for another year.The Sunday sale is one we watch because you see more "blue collar" collector cars, especially muscle cars and customs, go through here on Sunday. These are the cars and trucks that are the bread and butter vehicles of the hobby. We saw many '69 Camaros, Mustang muscle cars, Mopars and Chevelles. Here is a list of the top six cars in the sale:
Car Description Price 1955 Chevy Bel Air 502 Ramjet, Art Morrison $104,500 1961 Corvette Convertible NOM, Powerglide $97,900 1970 Mustang 428CJ Sportsroof, 1 of 1, 4-spd $93,500 1955 Buick Special Convertible stunning restoration $93,500 1970 Boss 302 Mustang documented, 4.30 rear end $83,600 2008 Dodge Challenger George Barris Kustom $83,600 Cars On Line newsletter readers will recognize a car in the Sunday sale that was listed on Cars On Line.com last year. A 1947 DeSoto Taxi Cab which had been in a few scenes in the Hollywood movie, "The Curious Case of Benjamin Button", was once again sold here Sunday at the Barrett-Jackson Auction. The promo teaser says that actor Brad Pitt road in the car, so it has been touched by a celebrity. It was originally listed through our site by the Volo Museum. It sold here today for $7,700.
A car that was painted and pinstriped by Ed "Big Daddy" Roth, a 1933 Ford 3-Window Coupe, went through with only light bidding. The car was featured in a magazine article in the '60s. They say it has all Henry Ford steel, no fiberglass anywhere, and all modifications were done in steel and lead. According to the promo materials this car came heavily documented. It sold for $29,700. I think by this point in the sale nobody was left who knew what this car was. It was the best bargain of the day.
WRAPUP OF THE SATURDAY SALE
We left the 39th Annual Barrett-Jackson Collector Car Auction Saturday night with a pretty good feeling about the state of the collector car market. We predicted that prices would be up a little from last year, and with a cursory look at the numbers our first impressions are that we were right. Sellers seemed gratified at the results and we think the market is in a rebound.The fourth highest amount paid for a car on Saturday was $300,000 during a charity sale to benefit the Juvenile Diabetes Research Foundation. This vehicle is not a replica, it is the actual pace car that will pace the race on February 14, 2010. The 2011 Mustang GT Glass Roof Pace Car was sold
with the help of NASCAR driver Carl Edwards and NHRA drag racer Bob Tasca, Jr., along with Tasca Ford. The buyer will be treated to a day at the track with Carl Edwards and will tour the Daytona track in the car with Carl Edwards, visit the garage and the pits, and be hosted at the Ford Hospitality booth at the track. Besides being an early number production car, this 2011 Pace car has the all-new high-tech 32-valve V-8 with Twin Independent Variable Cam Timing, generates 412 hp and 390 lb-ft of torque while delivering a class-leading 25 mpg on the highway.
Once again this year, the top sale was an antique aircraft. The highly promoted 1929 Hamilton Metalplane H-47 went for $671,000 (buyers premium included.) The single wing plane was manufactured by Hamilton Metalplane Company in Milwaukee, Wisconsin. It was one of 29 such planes built. The wing fuselage and tail group are metal riveted construction using corrugated "Alcad" metal. It is the only complete example of this historic aircraft to exist. It was restored to its current condition in 1975 and has won awards at national air shows. The plane carries an air worthiness certification. Although the actual plane was not brought here because it is in storage in Wisconsin, the new owner will get free storage until spring when it can be flown. The next highest price paid for a vehicle yesterday was $550,000 for a 1964 Corvette Fuelie Convertible, 327/375 hp, with a date correct motor and 4-speed. They say it has undergone a "no-expense spared" restoration with only 50 miles since it was completed.
Of greater significance to collectors was the third highest priced car in the sale, a 1964 Shelby Cobra (shown here), CSX2281,
one of only two real Cobras to be offered this week. It brought a price of $478,500. This car was verified as an original alloy body 289 Cobra. It has had an older frame-off restoration in correct Wimbledon White with blue LeMans stripes, and has a known history coming from a well known collection. A black 1963 Shelby Cobra, CSX2091, had been sold earlier in the sale for $401,500. The engine had been blueprinted by Skip Davis Racing and dyno tested to 417 hp. Some restoration work was done in 1995 to update an older restoration by another owner.
We saw many true classic American motorcars in the Saturday sale. A 1935 Cadillac Series 40 Fleetwood Imperial Convertible was sold for
$302,500. It has an early chauffeur-style divider window and a big 146" wheelbase with a big V12 engine. They say it is equipped with wheel discs and sidemounted tires. The seller says it is authentic and has great provenance. Earlier in the sale a 1937 Cord 812 Phaeton was one of the Top 20 cars sold here on Saturday. It went through the auction in the afternoon. The official price is $220,000.
Cars On Line newsletter readers will recognize the 1970 Plymouth Hemi Superbird that sold here today. It was featured in our Mopar
Section for the last several months. Happy Days Dream Cars, one of our advertisers, had listed the car. They decided to commission it to the Barrett-Jackson, and today it drew $286,000 in the sale. They said it was a rotisserie restoration, with a matching numbers 426cid/425hp Hemi engine, transmission, rear end, with two 4-barrel carburetors, power steering, power disc brakes and original build sheet. It is one of only 77 Hemi Superbirds with automatic transmission.
Saturday was an outstanding sale. Here are more of the top cars in the sale:
Car Description Price 1952 Watson Roadster Blastolene built, tank engine $280,500 1970 Boss 429 Mustang quality resto, documented $275,000 1967 Mustang Resto Mod "Reactor", built by Ring Bros $253,000 1956 Chevy Custom Convt radical custom resto mod $247,500 1966 Shelby GT350 first one built in '66 $247,500 1941 Lincoln Zephyr Custom quality custom, Kugel susp $239,250 1970 Plymouth Hemi Cuda 19,570 actual miles $231,000 1970 Olds 442 W30 Convt build sheet, known history $222,200 1954 Kaiser Darrin Roadster McCulloch Supercharger $220,000 As we were leaving the sale Saturday night I talked with one seller who was very gratified at his results. He had sold three cars. One of them was a 1955 Chevy Custom 2-Dr Coupe that I had previewed earlier in the inspection area. The car sold for $150,000. He told me that he had spent about $100,000 to build the car. That left him a nice profit. For all of you who are looking to build projects this year ... there is hope.
Look for more analysis of the Barrett-Jackson on Monday when we will publish our "State of the Market Report" which will include statistics to show how this week's sale stacks up against the 2009 auction. Our first impressions are that collector car prices are once again on the rise.