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 […]
Barrett-Jackson, WestWorld, Scottsdale, January 12-20, 2019
Barrett-Jackson’s annual crowdfest at WestWorld in Scottsdale is amazing, and it seems to grow more amazing every year. The shear masses of people walking through the gates to confront the array of sponsors, vendors and exhibitors – a gauntlet to be run every day just to get to the auction cars – is startling. The […]
Bonhams, Scottsdale, January 17, 2019
Bonhams assembled an attractive and diverse docket to their Scottsdale auction at the Westin Kierland. There were plenty of lots that even the most jaded onlookers found intriguing and, as the numbers below account, they weren’t for the most part exotic or expensive. But it also proved to foreshadow an issue that would be recounted […]
Worldwide Auctioneers, Scottsdale, January 16, 2019
Worldwide Auctioneers brought an unusually varied docket to their Scottsdale auction which kicks off the succession of auctions in parallel with Barrett-Jackson. Older cars were particularly prevalent, both in the sense of their age and in regard to their aged appearance. Barn finds? Absolutely, but also several unrestored or repainted largely original pieces such as […]