Speed Digital was in Scottsdale for their annual Speed Soiree hosted at The Stables (#PoweredBySpeedDigital!). While there we had a chance to attend nine (9!) amazing auction week events to meet and greet potential clients and catch up with current clients. 2016 saw Speed Digital sign up it’s 100th client totaling over $500 million in managed inventory.
We haven’t seen an exhaustive recap like this on the web of 2017 Scottsdale Auction week, and since we were there, here’s our one-of-a-kind recap!
Arizona Concours d’Elegance
Even 5-year old kids will recognize the 1936 Bugatti Atlantic as not a typical 1930’s car. One of the most famous and ahead of it’s time vehicles in existence. The 1936 Bugatti Type 57SC Atlantic at the Arizona Concours d’Elegance won Best of Show honors at the fourth annual Arizona Concours d’Elegance held at the Arizona Biltmore resort.
Speed Digital was on hand to capture the moment. It was really a Bugatti showcase.
At their 18th annual Arizona appearance RM had sales totaling over $53 million and an 89 percent sell-through rate.
The top sale for $6.6 million was a one-off owner-commissioned 1939 Mercedes-Benz 540 K Special Roadster. An absolutely stunning piece of history.
Bidders came from 30 countries to bid on over 150 automobiles that crossed the block at RM making the average price per car over $330k.
RM Sotheby’s Arizona 2017 – Top Ten Auction Results
- 1939 Mercedes-Benz 540 K Special Roadster (Chassis 408383) – $6,600,000
- 1969 Ferrari 365 GTS (Chassis 12489) – $3,602,500
- 1995 Ferrari F50 (Chassis ZFFTG46A6S0104092) – $3,135,000
- 1961 Ferrari 400 Superamerica SWB Coupe Aerodinamico (Chassis NO. 2841 SA) – $3,080,000
- 2003 Ferrari Enzo (Chassis ZFFCW56A330133026) – $2,695,000
- 1967 Ferrari 330 GTS (Chassis 10689) – $2,475,000
- 1966 Ferrari 275 GTB/6C (Chassis 08431) – $2,117,500
- 2013 Bugatti Veyron 16.4 Super Sport 300 (Chassis VF9SG2C27DM795300) – $2,090,000
- 1948 Tucker 48 (Chassis 1044) – $1,347,500
- 2008 Lamborghini Reventón (Chassis ZHWBU77SX8LA03148) – $1,320,000
Bonhams Scottsdale 2017 Auction experienced an 82% sell-through rate and totaled more than $36 million in sales.
The top vehicle crossing the block sold for $7,370,000 by a telephone bidder – a 1963 Jaguar E-Type Lightweight Competition set a record for the Jaguar E-Type becoming the most expensive E-Type ever sold and the most valuable Jag ever sold after 1960.
Speed Digital was on hand to capture the event.
1963 Jaguar E-Type. One of the absolute best and most original examples of the 12 Lightweight E-Types. Preserved by just 3 owners from new, less than 4k miles. Championship winning racing history in period. Extremely well documented. Estimates $7.5 – 8.5mm. Part of @bonhamsmotoring magnificent selection for #scottsdaleauctions
Bonhams Scottsdale 2017 – Top Ten Auction Results
- 1963 Jaguar E-Type Lightweight – $7,370,000
- 1952 Ferrari 340 America Competition Spider – $6,380,000
- 1928 Mercedes-Benz Type S Sports Tourer – $4,812,500
- 1931 Alfa Romeo 6C 1750 Gran Sport Spider – $2,805,000
- 1964 Porsche 904 GTS – $2,310,000
- 1966 Ferrari 275 GTB – $1,732,500
- 1960 Ferrari 250 GT Series II Cabriolet – $1,430,000
- 1913 Rolls-Royce Silver Ghost London-Edinburgh Sports Tourer – $698,500
- 1955 Austin-Healey 100 S Roadster – $539,000
- 1956 Porsche 356A Speedster – $528,000
The asphalt ripping award has to go to Gooding and Co. A super clean 1965 Ferrari 500 Superfast and a rare 1 of 429 built 1975 Lancia Stratos HF Stradal. Our favorite had to be the completely mean 1 owner 1971 De Tomaso Pantera.
Worldwide sold $1.98 million in Scottsdale from 64 lots. While many sold for more including a 1967 Chevrolet Corvette L-88 Roadster ($1.98mm), the hit of the auction was a 1962 Aston-Martin DB4 found abandoned having sat in the woods for the last 45 years. It sold for a whopping $374,000.
Just too much to write about when it comes to the star-studded and horsepower packed celebrity event that was Barrett-Jackson Scottsdale 2017. In fact, checkout the MyClassicGarage blog for 9 different articles about the events that took place in desert under the Barrett-Jackson tents.
Russo & Steele
As expected The R&S auction was massive and packed with top shelf lots selling cars a total of $22.1 Million 780 lots went up for bid and 606 sold (78%).
Among the many amazing vehicles, including a 1936 Cord 812, a crowd pleaser was a absolutely perfect 1970 Oldsmobile 442 W-30 Coupe. You can see for yourself why this was such a crowd favorite.
The 20th year of their Arizona flagship auction saw approximately 600 Cars cross the block for Silver. Silver has yet to publish official results, but based on the energy in the building, they should break records!!