From the Auction Desk

It’s a new week, and that means more rescheduled auctions these days.

However, it seems that companies are pretty confident that they have dates where we can all meet up again.

Late last week, Mecum announced the rescheduling of its flagship Spring Classic sale in Indianapolis, IN. Originally slated for May 12–17, it is now on the block for June 23–28. They also announced the cancellation of their Portland, OR, sale, originally set for June 12–13.

That leads us Read More

From the Auction Desk: Thin on the Ground

I was really looking forward to Gooding & Company’s Passion of a Lifetime sale at the Somerset House in London, U.K. It was due to hammer tomorrow, April 1 in London.

That would have been the first international sale that Gooding took on during my time here at SCM. It’s hopeful to see companies stretch out to mark new ground and see how the sale ends up.

Like so many other events inside and out of our little corner Read More

From the Auction Desk: Cancellations and Postponements

This week takes away even more auctions.

Mecum issued this announcement: “In accordance with the CDC’s recommendation to postpone events involving more than 50 people over the next eight weeks, we will be rescheduling our March and April events. The March Gone Farmin’ Spring Classic Tractor Auction and the Houston Collector Car Auction in April are in the process of being rescheduled with our venue partners at the Mississippi Valley Fair Center and NRG Park. The new dates for these Read More

From the Auction Desk: Cars in the Time of Coronavirus

Happy St. Patrick’s Day.

Sláinte.

What a week it’s been. From RM Auctions moving their Palm Beach sale to the Internet — and Barrett-Jackson just postponing their Palm Beach sale by six months — the immediate auction calendar took a major body blow.

The subsequent recommendations from the Federal Centers for Disease Control and Prevention limiting groups to 50 or fewer people showed the wisdom of those decisions.

Now, buying and selling cars probably isn’t at the forefront Read More

From the Auction Desk: Autobahn Missiles Soar at Amelia Island

It’s fun to scroll through the results after the major auction gatherings — probably why I’m have this position in this company — to get a feel from each individual company on how they fared.

As I scrolled through the RM Sotheby’s results, one particular caught my eye.

A 1990 Mercedes-Benz 560SEC AMG 6.0 Wide-Body sold for $390,000. That’s nearly double the pre-auction estimate of $220k–$260k.

I think this model, with that body kit, is the Read More

From the Auction Desk: Porsche and BMW at Gooding Amelia Island

We know Gooding & Company’s Amelia Island sale always has great Porsches.

Then there was the huge 18-car Seinfeld Collection sale in 2016 that drew attention from far beyond our hobby’s borders.

But what about the other sporting German marques, such as BMW? What of their representation in the last five years?

What kicked this question off in my head was thumbing through Gooding’s catalog for this week’s sale and noting how many later-model BMWs consigned.

It has been Read More

From The Auction Desk: Steve McQueen Stuff at Amelia Island

The Amelia Island auctions are a little over two weeks away.

There will be hundreds of cars to bid on, but only one auction will have more than a few pieces of automobilia on offer.

Bonhams, as of this writing, is offering 31 lots of automobilia/gimmicks on Florida’s northernmost island. There are packages of tickets to the Quail, Monterey pre-reunion races at Laguna Seca, auto transport across the country, some provocative mascots and many other doo-dads, including legitimate Ferrari Read More

Russo and Steele Cancels 2020 Amelia Island Auction

Russo and Steele has canceled their March 10-12 Amelia Island Auction.

The auction was canceled this year because of problems with the site at the City of Fernandina Beach Municipal Airport, said Ty Woodhall, Russo and Steele marketing director.

Russo and Steele is working with the city to improve the site, and the company will have an Amelia Island Auction in 2021, Woodhall said.

Russo and Steele is now focused on their August 12-15 Monterey Auction, Woodhall said.

From The Auction Desk: Bugatti Spring

If you’re interested in Bugattis, this is your spring for shopping.

You’ll need to open up that checkbook, however, to get involved in any real amount of fun.

A few weeks ago, Gooding & Company announced the star car to their Passion of a Lifetime sale coming to London on April 1. The 1934 Bugatti Type 59 Sports was part of the Bugatti Grand Prix team from 1934–35. The car, primarily driven by René Dreyfus, finished third at the Read More