More than 2,000 vehicles were auctioned off over a six-day span at the 2012 Scottsdale Barrett-Jackson Collector Car Auction, which ran from January 16–22, 2012, and amounted to a total of $182 million in sales. The Barrett-Jackson Company was the leading seller at the auction with a total of $90.6 million in sales, selling off all but three of its lots. Its top-selling vehicle was a 1948 Tucker Torpedo, one of only 51 produced, which sold for $2,915,000. Another rare find was the one-of-a-kind 1954 Desoto Adventurer II coupe, which sold for $1,430,000. Not every vehicle did as well, though. The original General Lee, also known as Lee 1, sold for only $110,000, much lower than the seller had hoped.
Gooding & Company sold 97 percent of its lots (116 of 118) for a total amount of $39.8 million. Its top-selling vehicle was a 1955 Mercedes-Benz 300SL alloy Gullwing, which sold for $4,620,000. Russo and Steele sold 63 percent of its lots (401 of 641). Its top-vehicle sold was a 1968 Chevrolet Corvette L88, which sold for $687,500. The Silver Auctions company had a total of $2.95 million in sales, selling 66 percent of its lots (175 of 267). Its top-selling car was a 1960 Facel Vega HK500 2dr Hardtop, which sold for $93,960. RM Auctions had a total of $24.7 million in total sales, selling 120 of 140 lots, which is about 86 percent. Its top-selling vehicle was a 1957 Ferrari 410 Superamerica coupe, which sold for $1,815,000. Last but not least, Bonhams had a cumulative total of $5.7 million in sales, selling about 60 percent of its lots, with its top-selling vehicle being a 1937 Mercedes-Benz 540K Cabriolet C, which sold for $667,000.
The total amount in sales for all the auction companies combined has risen from 2011 to around $157 million. As we can see, the classics did well this year but the rarer cars were the winners this season. Could this be a sign that the economy is finally turning around?
Provided by duPont REGISTRY