News from Corvette Mike

Barrett-Jackson Scottsdale 2017 Wrap Up

One of the most important pieces of American automotive history, this 1960 Chevrolet Engineering Research Vehicle (CERV) 1 (Lot #1390) was one of the top sellers at the 2017 Barrett-Jackson Scottsdale Auction.

This year’s Barrett Jackson auction saw a mixed variety of ultra high level celebrity auctioned vehicles. Steven Tyler, Floyd Mayweather, Burt Reynolds and Dale Earnhardt just to name a few; all raising money for various charities.

Corvette saw some impressive sales over the weekend.  Below is a brief list of Corvettes that were sold.

For a complete listing of Corvette sales at the 2017 Barrett-Jackson Scottsdale auction, please click here: 2017 Barrett-Jackson Scottsdale Corvette Sales

*Photos above courtesy of Barrett-Jackson Auction Company

Here’s a quick summary of highlights from the weekend:

  • 2017 Scottsdale sales totaled $102.4 million (unaudited) and raised nearly $2.2 million for charity during the Scottsdale Auction
  • Entertainment and sports icons, including Steven Tyler, Justin Bieber, Floyd Mayweather, Dale Earnhardt Jr., Burt Reynolds, Bubba Watson, Reggie Jackson and Michael Phelps, among others, were in attendance
  • Barrett-Jackson consigned 1,719 vehicles, the most in the company’s 46-year history, set 40 world auction sales records, including the sale of Kindig-It Design’s 1965 Volkswagen Type II 21-Window Deluxe Bus (Lot #1315) that sold for $302,500.
  • The impressive Charlie Thomas Collection, featuring 146 vehicles, sold for a combined total of just over $1.7 million.
  • Over 1,800 automobilia pieces sold for more than $2.5 million, including an extremely rare 1960s Esso Aviation porcelain neon airport hangar sign (Lot #9487), which sold for $82,250.

Click here for OFFICIAL BARRETT-JACKSON PRESS RELEASE (January 23, 2017): BARRETT-JACKSON 46TH ANNUAL SCOTTSDALE AUCTION SETS 40 WORLD AUCTION SALES RECORDS, HOSTS ENTERTAINMENT MEGASTARS AND RAISES NEARLY $2.2 MILLION FOR CHARITY

Over 1700 cars cross the block over a weeks period of time with a 99% sell-through rate. Of course Barrett Jackson doesn’t allow any reserve vehicles unless they are valued over $500,000. The Corvette market saw huge fluctuations in pricing not previously seen on the open market.

Basically it was a typical crazy year in the desert of Arizona!

The granddaddy of all collector car auction remains – Grandpa!!

Mike Vietro
Corvette Mike
Leader of the Pack!

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