Five Great “Auction Cars”



January 14, 2014

With the 2014 collector car season right around the corner, we asked Hagerty Valuation Services Manager, Brian Rabold, for his take on the most historically significant classics sold at Barrett-Jackson, RM and Gooding over the last 10 years. 

1967 Ferrari 275 GTB/4*S NART Spyder

1967 Ferrari 275 GTB/4*S   NART Spyder

Sold: August 17, 2013; Monterey, California

Name of Auction Venue: RM Auctions

Why It Makes the List: Although Bonhams had set a world record for the most expensive car sold at auction a month earlier with a Mercedes-Benz W196R race car, this NART Spyder set a world record for a streetcar at $27.5M. This Ferrari combines beauty, performance and rarity in a way few other cars on the planet can.

1911 Oldsmobile Limited 7-Passenger Touring

1911 Oldsmobile Limited 7-Passenger Touring

Sold: October 12, 2007; Hershey, Pennsylvania

Name of Auction Venue: RM Auctions

Why It Makes the List: While barn finds and survivor cars were highly prized by certain buyers in 2007, many enthusiasts were still looking for fresh restorations. Against that backdrop, this completely unrestored, 96-year-old car sold for $1.65M, well above its presale estimate. This single sale essentially announced that the hobby had matured to a point where cars had begun to be appreciated much like fine art.

1997 McLaren F1

1997 McLaren F1

Sold: August 17, 2013; Pebble Beach, California

Name of Auction Venue: Gooding & Company

Why It Makes the List: Collectible cars are often thought of as old and cranky. But the McLaren F1 shows that enduring desirability is a function of ethos, not age. At only 16 years of age, this F1 sold for $8.47 million, almost ten times what it sold for new—an unheard-of feat for a modern supercar and true testament to Gordon Murray’s uncompromising vision of what a car can be.

1970 Porsche 911S Coupe

1970 Porsche 911S Coupe

Sold: August 21, 2011; Monterey, California

Name of Auction Venue: RM Auctions

Why It Makes the List: No car better illustrates the effect celebrity ownership can have on price than this 1970 Porsche 911S coupe owned by Hollywood icon Steve McQueen. With its McQueen connection, this 911S stunningly sold for a total price of $1.37M — more than $1M above what a perfect example otherwise might have been expected to achieve. 

1966 Batmobile

1966 Batmobile

Sold: January 19, 2013; Scottsdale, Arizona

Name of Auction Venue: Barrett-Jackson

Why It Makes the List: Barrett-Jackson is no stranger to selling interesting vehicles for amazing prices (the $4M GM Futurliner and $5.5M Shelby Supersnake come to mind), but no sale by the Arizona company tops the Batmobile in terms of pure theatricality. Pushing all the right buttons in terms of nostalgia, car-guy appeal and adrenaline, The Batmobile sold for 4.2M and stands as a perfect example of how a car can be so much more than the sum of its parts.


Comments

  1. robert m. anders el dorado hills,california

    Great selection and outrageous prices. How much would a 1958 23-window micro-delux VW bus in pristine condition,factory colors chestnut brown and red,bring in today's market?

  2. Carolyn Myers Fort Collins, Colorado

    I have a restored 1926 Rickenbacker brougham 4 door. What is the best way to market it?

  3. Richard R. Cappelletti 12106 and 34112

    How is the market going for Merceds 190 SL's.? I have a 1963 convertible.