Sales Total $68 Million at 2010 Barrett-Jackson Scottsdale Auction

Jan 27, 2010

The Barrett-Jackson Auction Company recorded more than $68 million in total sales during the 39th Annual Barrett-Jackson Collector Car Auction in Scottsdale, Arizona last week. The total is an 11 percent increase from Scottsdale 2009.

Top sellers included a 1929 Hamilton Metalplane H-47 airplane for $671,000 and a 1964 Shelby Cobra that brought in $478,500.

The 2010 Scottsdale event featured nearly 1,200 collector vehicles all for sale at no reserve and nearly 40 hours of live, high-definition TV coverage on the Speed Channel.

The weather in Arizona had little impact on the auction, as no cars were damaged and all vehicles crossed the block as scheduled. Despite the inclement weather of significant rain and wind and the associated challenges, more than 180,000 to attend the event.

“Even with the worst weather the Phoenix area has seen in decades, buyers, sellers and visitors from across the country enjoyed another incredible Scottsdale event,” said Craig Jackson, Chairman/CEO of Barrett-Jackson. “With an 11 percent increase in sales, we showed that buyers have confidence in the market. What a great way to start the 2010 auction season.”

The top seller was the Hamilton airplane; however the top cars sold at the auction were:

  •  1964 Shelby Cobra Roadster for $478,500
  • 1963 Shelby Cobra Roadster for $401,500
  • 1935 Cadillac Series 40 Fleetwood Imperial Convertible for $302,500
  • 2011 Ford Mustang GT Glass Roof Coupe for $300,000
  • 1970 Plymouth Hemi Superbird Two-Door Hardtop for $286,000
  • 1952 Watson Roadster Custom by Blastolene for $280,500
  • 1970 Ford Mustang Boss 429 Fastback for $275,000
  • 1967 Ford Mustang Custom Fastback for $253,000

“Barrett-Jackson remains the heartbeat and bellwether of car collecting,” noted Steve Davis, president of Barrett-Jackson. “People come here to celebrate the automotive culture and the passion of the hobby. But most of all, they love Barrett-Jackson because it’s all about the cars. And with nearly 1,200 vehicles all selling at no reserve, this year’s docket was our best ever.”

Auction-goers were also treated to a series of special events, as well as celebrity appearances by Lee Iacocca, Carroll Shelby and American Idol’s Jordin Sparks, among others.

“From ethics and transparency to social media initiatives, Barrett-Jackson will continue to fuel growth and build trust in the collector car hobby,” added Jackson. “This is a vital period in car collecting, where buyers and sellers are smart, well informed and know exactly what they want. With the market strong and the hobby more popular than ever, it certainly is an exciting time to be in the game.”

For more information about Barrett-Jackson, visit http://www.barrett-jackson.com/ or call (480) 421-6694.