Barrett-Jackson, Scottsdale 2021, March 23-27, 2021
This report is updated with full auction results and changes to some of the transactions. Don’t let something like Covid-19 interfere with a long-standing tradition like Barrett-Jackson’s Scottsdale auction. Just push it back two months as Covid-fatigue and vaccinations of older Americans (B-J’s primary market) opens up the gates to WestWorld for bidders and spectators. […]
Worldwide, Scottsdale in Auburn, January 23, 2021
Everyone had a different solution to the effect of CoViD restrictions on the annual trip to Arizona known familiarly as “Scottsdale”. RM Sotheby’s organized a socially-distanced combined live and online auction at the OTTO Car Club near Scottsdale airport. Bonhams hung on to its Westin Kierland location but only for previews, holding its live/online auction […]
Gooding & Company, Geared Online Scottsdale Edition, January 22, 2021
In common with the other established auctions which usually have sales at Scottsdale in late January Gooding & Company’s was much smaller than usual. The 34 lots offered were less than 25% of 2020’s 138 lots; the total dollars changing hands was less than 20% of 2020’s total. There is no doubt much logistical and […]
Bonhams, Scottsdale, Arizona, January 21, 2021
2021 didn’t open like any other year for Bonhams. The cars were previewed on the finely trimmed lawns of the Westin Kierland as before but the auction was live/online and the consignment was only a third of the lots in prior years. It was a reduction in scale common across the Scottsdale auctions. The bidding […]
Barrett-Jackson, WestWorld, Scottsdale, January 11-20, 2020
There’s a big gorilla in Scottsdale. It’s called Barrett-Jackson. The 2020 total not only was the best of all the Scottsdale auctions, it was the only one that increased from 2019 and it was Barrett-Jackson’s highest total ever. That’s in a year that’s showing modest but consistent declines from 12 months ago. Is there something […]
Leake Auctions, Salt River Fields, Scottsdale, January 16-19, 2020
Leake Auctions, claiming to be the oldest established collector car auction in the U.S., arrived in Scottsdale in 2020 after years in Oklahoma and Texas. But this is not the old Leake Auctions led by Richard and Nancy Sevenoaks. This is the new Leake Auctions led by Gary and Muffy Bennett and backed by the […]
RM Sotheby’s, Arizona Biltmore, January 17, 2020
RM Sotheby’s experienced the same paradigm shift as most of the other Arizona auctions, a shortage of expensive cars and a general shift to more accessible consignments. The median transaction was the lowest since 2011; the average sale was the lowest since 2012 which also marked the last time RM had a total sale this […]
Gooding & Company, Fashion Square, Scottsdale, January 17-18, 2020
Gooding & Company had the top sale of the Arizona auction week, Ferrari F50 sold for $3,222,500. Gooding sold eight lots on hammer bids of $1 million or more and missed on only one 7-figure car. That sounds impressive, but in fact the average and median sale values, not to mention the two-day total of […]
Scottsdale and Paris 2020 Auctions
While this belated report on the overall Scottsdale auctions was caused by the proximity of the three Paris auctions it also is an opportunity to put both of them in perspective. The numbers are a good place to start: Year Cars Sold/ Offered Sale % Average Sale Median Sale Total $ Change Exchange Rate Scottsdale […]
Gooding & Company, Fashion Square, Scottsdale, January 18-19, 2019
With two sessions, 124 lots, 106 sold, 85.5% sell through and $48.4 million changing hands, Gooding & Company’s Scottsdale auctions were a solid success. Gooding did better than its counterparts, particularly Bonhams, at moving some of its seven-figure headline cars in Scottsdale. Of twelve lots with pre-sale low estimates of $1 million or more, seven […]