Since the start of the pandemic shutdown, we’ve covered a lot more Bring a Trailer cars in the pages of SCM. Of course, Brian Baker was featuring some of their consignments in his “Rising Sun” column for years.
Covering Bring a Trailer makes sense — they provide a platform where buyers and sellers have developed trust. I know of several sellers that use the site exclusively.
With that trust can come some big consignments. I spent part of my weekend Read More
This upcoming weekend, June 27 and 28, was when it was all supposed to go back to quasi-normal.
At least that was the hope back in late March and April, when auction companies were canceling sales and moving auction dates on the calendar.
Mecum moved their Indy sale to this weekend from May — and then again moved it to July. Leake canceled their Tulsa sale, and they’re rolling with their Marketplace-E for the time being. Vicari’s Read More
Online auctions have caught fire.
Just like a band that spent 10 years playing dive bars and opening county fairs — only to become an overnight success when conditions were right — online auctions have hit their stride.
It wasn’t too long ago when Barrett-Jackson set records for Dodge Daytona Turbos and high prices for charity lots for COVID-19 relief.
RM Sotheby’s just earned their highest total yet at an online sale. Their Online Only: The European Sale Read More
Internet auctions allow a freedom from time and place over land auctions. It doesn’t matter where the buyers are physically located, they just need an Internet connection (and the financial wherewithal) to join the bidding — no middleman required.
Given that expanded virtual access to clients and an increased willingness among bidders to participate this way, auction houses eagerly jumped in the online pool with both feet since the United States lurched into lockdown in mid-March.
I was impressed with Read More
RM Sotheby’s closed their Online Only: Driving into Summer sale on Friday, May 29, and they sold some big-dollar cars.
This was one of the most anticipated sales of Spring 2020 for good reason. Cars that could pack auction rooms and headline Scottsdale or Monterey auctions were on offer at rmsothebys.com.
We’re still awaiting full results as I write this, and we’ll share them with you just as soon as they’re released, but some early results provided some big Read More
Here’s hoping you had a pleasant Memorial Day weekend.
We have just a quick note for the auction calendar for you this week. RM Sotheby’s Online Only: Driving into Summer is the biggest game going on right now for online auctions. The sale started last Thursday, May 21, and the first lot hammers down this Thursday, May 28.
One of two lots from this sale that have enthralled me is a 1975 Ferrari 308 GT4 Dino upgraded to Read More
Online auctions are really cooking now.
Barrett-Jackson wrapped up its first exclusively online sale on May 17. Preliminary results show that this wasn’t a typical Barrett-Jackson auction, but we knew that going into it. By my count, only four lots had the no-reserve status that we normally associate with a Barrett-Jackson auction.
On Monday morning, I counted 43 of 85 cars selling for $3,466,525. Is this a good result or a poor one? I don’t really know at this Read More
Individual people, companies and governments are constantly adjusting during the Coronavirus pandemic. Plenty of auctions have canceled outright or postponed events until large, public gatherings are allowed once again.
We’ve tracked these changes closely in the SCM Newsletter.
We’ve got another change, as Mecum has once again rescheduled their Spring Classic sale. The original, pre-pandemic plan was to start on May 12 and run through Sunday, May 17.
Then, in the early weeks of the pandemic sweeping through the Read More
Starting on Friday, you can get your springtime Barrett-Jackson fix.
Barrett-Jackson’s Online Only Auction runs through May 17. Barrett-Jackson’s Palm Beach sale, previously scheduled for April 16–18, is now scheduled for October 15–17. I’m sure more than a few of us missed their usual April appearance on the auction calendar.
Take a quick run through Barrett-Jackson’s May Online Only car docket here. The sale starts off with a strong run of American muscle and pickups, and then Read More
“Everybody has a plan until they get punched in the mouth.”
Mike Tyson isn’t known for his sage wisdom, but, boy howdy, do those words ring true these days — even if we’re dealing with that idea in a less literal way than he did way back in his boxing days.
Still, there’s a time when knowing that something will happen and preparing for it, which is a lot of theory and expectations, and then there is the time when Read More