Big Days at Palm Beach
$21 Million Generated at Barrett-Jackson
Larry Jewett - April 09, 2013 02:01 PM
Barrett-Jackson generated more than $21 million in gross sales of rare, high-end collectible vehicles, exotics, customs, classics, hot rods and restomods, during its 11th Annual Palm Beach auction, April 4-6, 2013 at the South Florida Fairgrounds.
Despite severe thunderstorms, nearly 55,000 car fans were in attendance to witness the comprehensive lineup of cars at the renowned auction and lifestyle experience.
Certain market segment sales were on-par with those from pre-recession 2007. American muscle car sales were strong overall, as exampled by a Chevrolet Chevelle SS LS6 two-door coupe selling for $148,500, a 1969 Chevrolet Camaro Z/28 two-door coupe selling for $165,000 and a 2010 Chevrolet Camaro custom two-door, built by Hendrick Motorsports for country superstar Brad Paisley.
Top five individual sales at the 2013 Barrett-Jackson Palm Beach auction included:
• Lot #3004 2014 Chevrolet Corvette Stingray Convertible - $1,000,000
• Lot #3006 2009 Ford F-150 King Ranch Super Crew Pickup - $350,000
• Lot #762 1968 Shelby GT500 Convertible - $330,000
• Lot #772 1970 Oldsmobile 442 Convertible - $275,000
• Lot #767 1970 Chevrolet Chevelle LS6 Convertible - $258,500
Unique sales included the first production 2014 Chevrolet Corvette Stingray Convertible, which sold for one million dollars to Rick Hendrick, the NASCAR team owner who also took home the first production coupe at Barrett-Jackson Scottsdale in January. Proceeds of the sale benefitted the Barbara Ann Karmanos Cancer Institute at Wayne State University in Detroit, Michigan.
“We kicked off the year strong in Scottsdale and are thrilled that our 11th year at Palm Beach has kept that momentum going,” said Craig Jackson, Chairman and CEO, Barrett-Jackson. “We were able to offer a unique lineup of rare, high-end automobiles that helped to bring out an enthusiastic crowd and we are proud to see that the collector car hobby is going strong. We’re very pleased with the event’s overall results.”
Barrett-Jackson also helped raise more than $1.8 million for local and national charitable organizations. Six charitable vehicles were sold during the auction, including the 2009 Ford F-150 King Ranch Super Crew Pickup once owned by former President George W. Bush. The truck sold for $350,000, with proceeds benefitting the National Guard Youth Foundation.
“We’re grateful for the opportunity to help raise money for these wonderful charitable organizations and we are so proud of the contributions by our sponsors, fans, bidders, consignors and other supporters,” said Barrett-Jackson President, Steve Davis.