Barrett-Jackson’s Palm Beach Auction Shows Resto-Mods Are In High Demand, Raises Over Half A Million Dollars for Charity During the Company’s Largest 3-Day Florida Event
April 14, 2019
Posted by Barrett-Jackson
In total, 632 vehicles sold for over $30.18 million with a 98.9 percent sell-through-rate, while 258 pieces of automobilia brought in nearly $500,000, and $550,000 was raised through the sale of three charity vehicles, bringing the total auction sales to more than $31.2 million.
PALM BEACH, Fla. – April 14, 2019 – Barrett-Jackson, The World’s Greatest Collector Car Auctions, was once again the hub of the collector car hobby during the 17th Annual Palm Beach Auction, April 11-13, 2019. In total, 632 vehicles sold for over $30.18 million with a 98.9 percent sell-through-rate, while 258 pieces of automobilia brought in nearly $500,000, and $550,000 was raised through the sale of three charity vehicles, bringing the total auction sales to more than $31.2 million. This marks the company’s largest 3-day Palm Beach Auction to date with a record number of collector vehicles, nearly 1,500 bidders and strong attendance. Results show that Resto-Mods continue to be in high demand while supercars command record hammer prices.
A 2012 Lexus LFA (Lot #742) sold for $352,000
“This year’s Palm Beach Auction was extraordinary, fueled by the momentum we ignited in Scottsdale,” said Craig Jackson, Chairman and CEO of Barrett-Jackson. “The atmosphere on Super Saturday in Palm Beach felt like it did back in Scottsdale, with excitement fueled in part by the sale of dozens of world-class Resto-Mods. We also enjoyed several inspiring moments throughout our largest three-day Florida auction, including the sale of three vehicles that raised $550,000 for charity. We set a land-speed record in Scottsdale and turned around again and did it in Palm Beach. Our 17th Annual Barrett-Jackson Auction was one for the history books.”
The top 10 vehicles sold during the 2019 Barrett-Jackson Palm Beach Auction included:
- 1947 Buick Super 8 Custom Convertible (Lot #735) sold for $412,500
- 2012 Lexus LFA (Lot #742) sold for $352,000
- 2018 McLaren 720s (Lot #743) sold for $324,500
- 2017 Rolls-Royce Silver Dawn Convertible (Lot #749) sold for $297,000
- 1957 Chevrolet Bel Air Custom Hardtop (Lot #731) sold for $286,000
- 2017 Dodge Viper ACR (Lot #722) sold for $286,000
- 2005 Ford GT (Lot #740) sold for $275,000
- 1964 Chevrolet Corvette Custom Coupe (Lot #734) sold for $275,000
- 1970 Chevrolet Chevelle Custom Convertible (Lot #730) sold for $253,000
- 1967 Shelby Cobra CSX 4000 Roadster (Lot #745) sold for $231,000
Palm Beach also continued the trend of strong demand for 1980s and 1990s performance cars that have been a rising segment due to the increased presence of Gen-X and millennial buyers. Among the top selling 1980s and 1990s cars that crossed the block in Palm Beach were:
- 1989 Porsche 930 Turbo Cabriolet (Lot #727) sold for $143,000
- 1993 Ford Mustang Cobra R (Lot #674.1) sold for $132,000
- 1986 Porsche 911 Turbo (Lot #705.1) sold for $99,000
- 1994 Toyota Supra Turbo Liftback (Lot #680.1) sold for $62,700
A 1993 Ford Mustang Cobra R (Lot #674.1) sold for $132,000
“Barrett-Jackson is the only auction to offer such an eclectic and exciting mix of collectible vehicles,” said Steve Davis, president of Barrett-Jackson. “From a re-creation of the Ford LTD from the film ‘National Lampoon’s Vacation’ (Lot #375) to a world-class 1947 Buick Super 8 Resto-Mod (Lot #735), the diversity of our dockets appeals to veteran collectors, as well as younger buyers. This rising generation of collectors has been watching our auctions on television, igniting a new wave of passion for this incredible hobby. We look forward to adding to our momentum again during our Northeast Auction at Mohegan Sun this June.”
Barrett-Jackson raised $550,000 for charity during the Palm Beach Auction with the sale of three charity vehicles. On Friday, General Motors announced the final production seventh-generation (C7) Chevrolet Corvette will be auctioned at the Barrett-Jackson Northeast Auction with proceeds benefiting the Stephen Siller Tunnel to Towers Foundation. To date, Barrett-Jackson has raised over $115 million for charity. The vehicles sold in Palm Beach to benefit charity included:
- 2015 Petty’s Garage Ford Mustang GT (Lot #3000) sold for $110,000 to benefit Wounded Warrior Project
- Jeff Gordon’s 2009 Chevrolet Corvette ZR1 (Lot #3001) sold for $350,000 to benefit Jeff Gordon Children’s Foundation
- 2010 Ford Mustang AV-X10 Custom Coupe “Dearborn Doll” (Lot #3002) sold for $90,000 to benefit the Paul Walker charity Reach Out WorldWide (ROWW)
Barrett-Jackson’s Automobilia Auction featured over 258 authentic pieces, including the final segment of the William K. Haines Collection. Authentic vintage gas pumps were among the top sellers, led by a 1950’s Dog N Suds Animated Neon Porcelain Drive-In Sign (Lot #5998) that sold for $19,550, which was also the top-selling automobilia piece in Palm Beach.
A re-creation of the Ford LTD from the film ‘National Lampoon’s Vacation’ (Lot #375) sold for $100,100
The top five automobilia items sold during the Palm Beach Auction include:
1950s Dog N Suds Animated Neon Porcelain Drive-In Sign (Lot #5998) sold for $19,550
- Polly Gas Station Island (Lot #5984.1) sold for $14,950
- 1950s Gibble Oil Company Power Gasoline Animated Neon Porcelain Service Station Sign (Lot #5997) sold for $13,800
- 1950s Sandy Coin-Operated Kiddie Ride (Lot #5985) sold for $10,350
- 1940s Cadillac Neon Porcelain Dealership Sign (Lot #5996) sold for $10,350
Click here to learn more about the 2019 Northeast Auction docket. For more information on becoming a bidder or to consign a vehicle for the 2019 Northeast Auction, visit www.Barrett-Jackson.com.
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