AUCTIONS: Barrett-Jackson Pushes Over $25 Million in Sales across the Block at Palm Beach
PRESS RELEASE: Palm Beach, Fla (April 14, 2014) - Barrett-Jackson, The World’s Greatest Collector Car Auctions announced today the strongest sales results in the history of its auctions in Palm Beach, Fla. Two leading car manufacturers – Ford and General Motors – partnered with Barrett-Jackson to bring unique vehicles to the auction. Consignments reached a new high, the caliber of vehicles in South Florida was unprecedented and the average price per car grew significantly. In addition, the benefit to national and local charitable organizations was significant.
509 cars sold
$25 million gross sales
An estimated 50,000 attendees
Seven vehicles sold to benefit various national and local charities, totaling $2.35 million
“Each year, Palm Beach continues to expand its impact, bringing better cars, more fans and growth. We have enjoyed the years here and this year was a stellar showing, which continues the explosive start we had in Scottsdale,” said Craig Jackson, Chairman and CEO of Barrett-Jackson. “This week, we had great entertainment, saw some incredible cars and sold seven special vehicles with all proceeds benefitting the designated charities. We have a strong partnership with Palm Beach and the South Florida Fairgrounds and this week demonstrated that relationship.”
For charity, more than $2.35 million was raised over the three-day auction. Ford sold the 2013 Ford Mustang Fastback, which appeared in “Need for Speed” for $300,000. General Motors sold the first retail production vehicles of the 2015 Chevrolet Camaro Z/28 2 Door Coupe for $500,000 and the 2015 Chevrolet Corvette Z06 2 Door Coupe for $1,000,000. The charities that benefit from these sales include: Rebuilding Together, the Darrell Gwynn Foundation, AARP Drive to End Hunger, Henry Ford Health System, Karmanos Cancer Institute, The Cancer Research Fund at TGEN, and the Boy Scouts of America Occoneechee Council.
“The cars we saw in Palm Beach were unlike any previous year. These cars we are now seeing are truly unique,” said Steve Davis, President of Barrett-Jackson. “Through the years, coming to the Fairgrounds, we have seen glimpses of how Palm Beach would grow and evolve. This auction weekend was another example of this special market.”
The opening Night Gala featured Soul Survivors, with a special appearance by pop sensation, Rob Van Winkle, formerly known as “Vanilla Ice,” who rocked the night and jump-started the auction weekend for the VIPs, media, celebrities and other attendees.
Here are some of the notable bids over the three-day auction. For additional information on these and other vehicles visit the Palm Beach 2014 Car List at www.barrett-jackson.com.
Lot #3004 – 2015 Chevrolet Corvette Z06 2 Door Coupe $1,000,000
Lot #3002 – 2015 Chevrolet Camaro Z28 2 Door Coupe $500,000
Lot #456 – 1935 Packard 1207 V12 Convertible Coupe $330,000
Lot #3003 – 2013 Ford Mustang from “Need For Speed” $300,000
Lot #451 – 2005 Ford GT 2 Door Coupe $242,000
Lot #468 – 1946 Ford Sportsman Convertible $209,000
Lot #3005 – 1979 Oldsmobile Cutlass Hurst Coupe $200,000
Lot #3001 – 1969 Oldsmobile 442 Convertible $200,000
Lot #428 – 1968 Shelby GT500 Convertible $165,000
Palm Beach 2014 set a new standard and opens a new chapter for Barrett-Jackson, raising the bar on what Barrett-Jackson consignors can expect, which resulted in a great auction weekend for attendees, bidders and consignors.
Source: Barrett-Jackson Auction Company
Image Credit: Barrett-Jackson Auction Company