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Car Collectors Should Thank Satoshi Nakamoto

“Satoshi Nakamoto” is the nom de argent of the purported developer of bitcoin and the blockchain technology that underpins it and other cryptocurrencies. Satoshi created something where nothing had existed before and, having no frame of reference, the marketplace was free to establish pretty much any value that it wanted. The blockchain software on which […]

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The Second Annual Kirk F. White Motorcars Auction, April 29, 1972

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The Second Annual Kirk F. White Motorcars Auction, held April 29, 1972 at Cabrini College in Radnor, Pennsylvania was much larger than the previous one … and even more confusing to figure out. The sale itself had twice the vehicles, the sell-through rate was a superior 65.6% and the total sale 71.6% greater. As with […]

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Classic Car Auction Yearbook — 2016-2017

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I look forward every year to the new edition of The Classic Car Auction Yearbook. Many resources take the easy way with a “Top Ten” transactions list and rehash of the auctions with the highest sales. It’s far more difficult, and insightful, to prowl through the numbers and find important trends. It’s even more challenging […]

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The First Annual Kirk F. White Motorcars Auction, Radnor, Pennsylvania, May 1, 1971

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This auction report might be considered a little late, being 46 years after the fact, but it does serve to highlight some of the changes in the past five decades. Kirk F. White is an entrepreneur of renown, something that showed early on with this ground-breaking sale of collector cars under a yellow-and-white striped 15,000 […]

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RM Sotheby’s “ICONS”, New York, December 6, 2017

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RM Sotheby’s returned to Sotheby’s mother ship on York Avenue in New York City for its second time on December 6, 2017. 2013’s RM auction at Sotheby’s headquarters had been very successful, and the sale here in November of Michael Schumacher’s Monaco and Hungary winning F2001 Formula One car for an attention-getting $7.5 million just […]

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Mecum Auctions, Dallas, Texas, September 6-9, 2017

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Three weeks after Monterey Mecum Auctions set up in the Kay Bailey Hutchison Convention Center in Dallas with an 846 vehicle auction. Dave Newhardt shoots cars for Mecum, and he spends his entire life on the road, a situation which this schedule puts in focus, not to mention the bazillion vehicles that cross Mecum Auctions’ […]

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Mecum Auctions, Las Vegas, November 16-18, 2017

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Mecum Auctions knows how to identify opportunity. Mecum rolled into Las Vegas for the first time with a three-day sale November 16-18 at the Las Vegas Convention Center. 887 vehicles were offered, 553 of them sold, a 62.3% sale rate, bringing a total of $22,204,275. That was an average transaction of $40,152 and a median […]

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Bonhams at the London to Brighton Veteran Car Run, November 3, 2017

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Bonhams is the title sponsor of the Royal Automobile Club’s London to Brighton Veteran Car Run held each year for cars built before January 1, 1905 in commemoration of the original Emancipation Run in 1896 when a self-propelled vehicle no longer had to be preceded by a walking person or constrained to a 4mph walking […]

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RM Sotheby’s ‘Duemila Route’, Milan, Italy, November 25-27, 2016

  [I just realized that this  2016 sale, an important event in the 2016 auction calendar, never got posted online. It is unfortunate not to document it and this is a make-good.] By all accounts what RM Sotheby’s did in Milan – while most Americans were digesting their Thanksgiving turkey and watching football games – […]

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The Auction Weekend at the Bothwell Ranch

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Lindley and Ann Bothwell’s Bothwell Ranch is a fabled, quiet collection of automobiles secreted away among million dollar houses at Woodland Hills in the San Fernando Valley west of Los Angeles. Citrus groves once covered the Valley, but they are no more. Only the Bothwell Ranch remains, a carefully nurtured and preserved few acre oasis […]

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