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Resource Guide
Auction Central
By Larry Edsall
Back to Community

Auction action heats up early on the West Coast
By Larry Edsall

Auction action heats up early on the West Coast
It used to be that we had to wait until August and Pebble Beach to take the annual pulse of car collectors on the West Coast. Not any longer. Last weekend, RM sold every vehicle offered at its Classic Muscle & Modern Performance event in San Diego and this weekend Barrett-Jackson stages its inaugural auction in Orange County.

We asked Barrett-Jackson about its featured cars and received an interesting spreadsheet that divides those highlighted cars into eight categories: Classics, The Barrett-Jackson "standard," New Collectibles, Niche, Star Cars, Shaq Cadi and Dukes of Hazzard tribute, Charity and Corvettes.

Classic Car Articles by Larry Edsall Highlights among the highlights, in addition to a couple dozen Corvettes and all sorts of assorted Hemis) include:

  • a 1938 Packard Victoria convertible formerly owned by Barrett-Jackson founder Russ Jackson and later part of the famed Blackhawk Collection
  • a 1959 Fiat Multipla Model 600 micro car van
  • a 1970 Mercedes-Benz 280SL convertible owned by actress Patricia Barry (I'd never heard of her either, but she's a soap opera star)
  • a highly customized 2004 Maybach 62 sedan
  • a 2006 Cadillac custom built on the Street Customs television show for Shaquille O'Neal
  • five "gravity racers" designed by designers from Aston Martin and Bentley

Speed TV will televise 18 hours of Barrett-Jackson live from Orange County.

In one additional Barrett-Jackson note, the company is only auction company included on the 2010 World's Most Ethical Companies List compiled by Ethisphere, an international think-tank "dedicated to the sharing and advancement of corporate social responsibility." Other companies on the ethical list include Mattel, T-Mobile, General Electric, HP, American Express, Nike and Starbucks.

"It's rewarding to achieve this third-party validation of the strength of our company's ethics and compliance programs," said Barrett-Jackson chairman Craig Jackson. "Our team has worked hard to set the bar for ethics and transparency in the automotive auction industry."

Classic Car Articles by Larry Edsall '69 Corvette brings $401,500 at RM
At San Diego, RM sold 102 vehicles, led by a 1969 Corvette L88 that went for $401,500. A '69 ‘Vette 427/435 convertible brought $231,000 and a '67 427/435 roadster sold for $214,500. Total sales – yes, there was much more than that trio of Corvettes -- were $6.9 million. "Overall, we saw some very strong prices for both select, rare and outstanding muscle cars as well as on the like-showroom-new, late model cars," said RM Auctions president Ian Kelleher.

And even more Corvettes…
Bloomington Gold is this weekend in Chicago's northwestern suburbs, where Mecum Auction will parade 400 fiberglass-bodied American sports cars across the block on June 25-26.

"As the only all-Corvette auction in the industry, we are excited about the high-quality cars we're bringing to auction for collectors and enthusiasts of this marque," said Dana Mecum.

Though it won't be sold until Mecum's Monterey event this summer, the Corvettes on display at Bloomington Gold will include the 1967 ex-Tony DeLorenzo L88 roadster, one of only 20 produced and the earliest RPO-ordered L88 in existence.

Leno, Petty boost Chrysler museum
Jay Leno, Richard Petty, Lee Iacocca and Virgil Exner will be honored in the inaugural Walter P. Chrysler Legacy Gala, July 24 at the Chrysler Museum in Auburn Hills, Michigan. The museum is staging such an event as a fund-raiser now that it's a separate entity from the automaking company.

Classic Car Articles by Larry Edsall Tickets are $500 a person, entitle the buyers to an evening with Leno, Petty, Iacocca and Exner's son (and also a well-known automotive designer), and the right to bid on several items, including a day with Petty at his race shop, a visit to Leno's Big Dog Garage and The Tonight Show, a day of driving at the Richard Petty Driving Experience at Michigan International Speedway, behind-the-scenes visits to the Chrysler Tech Center or Chrysler historical vehicle collection, a trip to the 2011 Daytona 500.

For information, visit the website.

Where will you be on July 9?

The U.S. Senate has designated Friday, July 9 as "Collector Car Appreciation Day" and classic car enthusiasts across the country will be staging cruise-ins and other events to celebrate the occasion. Don't forget to get your events listed on the calendar!


Click here for more articles by Larry Edsall.

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