Auctions America's Second Annual California Auction Breaks Records with More Than $17.5 Million in Sales

California

  • Top-seller: 1960 Mercedes-Benz 300SL Roadster commanded $1,155,000
  • Other highlights included a 1953 Ferrari 250 Europa, which sold for $1,017,500; a 1990 Ferrari F40, formerly owned by Rod Stewart ($990,000); and several late-model collectibles such as a 2005 Ford GT ($275,000) and a 2004 Porsche Carrera GT ($385,000)
  • Live television coverage on NBC Sports Network included color commentary from Jay Leno and reality TV star Barry Weiss
  • Auctions America continues its busy summer calendar of events August 27 – 31 with its flagship Auburn Fall Collector Car Weekend at Indiana’s historic Auburn Auction Park
  • Full results available online at auctionsamerica.com

 

CULVER CITY, California (August 6, 2014) – Los Angeles, the epicenter of car culture, proved its viability as a collector-car auction destination for a second consecutive year over the weekend, as Auctions America’s second annual California sale bested the company’s 2013 results in every category. Held July 31-August 2 at the Los Angeles Marriott Burbank Airport Hotel, the multi-day auction presented more than 400 quality vehicles plus rare memorabilia before a packed house, generating more than $17.5 million* in total sales.


An eclectic mix of automobiles representative of diverse Southern California tastes offered something for every car enthusiast, from the entry-level collector to the veteran hobbyist. Cars that crossed the block ran the gamut from hot rods to rare 4x4s to European roadsters. Appropriate to the sale’s Los Angeles setting, several vehicles boasted celebrity provenance. The Hollywood influence even extended to the live broadcast on NBCSN, with car-collecting comedian Jay Leno providing broadcast commentary on Friday, while “Storage Wars” reality TV star Barry Weiss offered his unique insights on Saturday.

“The success of our second California Sale is a tribute to the enthusiasm in the Los Angeles-area collector-car community,” said Ian Kelleher, Managing Director of Auctions America’s West Coast Division. “This sale offers California enthusiasts the opportunity to purchase anything from a late-model sports car to a seven-figure concours-quality classic without having to travel out of town. Last year’s results were unprecedented, and this year surpassed our expectations.”

The sale’s standard-bearer was a 1960 Mercedes-Benz 300SL Roadster finished in the iconic color combination of red over tan with a tan top. The thoroughly restored Mercedes-Benz was in remarkable condition, exemplified by its $1,155,000 price tag. Another eye-opener was a rare Ferrari 333 SP engine, which commanded $310,500.

Examples of future collectibles included a 1988 BMW E30 M3 for $56,100 and a 1989 Porsche 911 Carrera, which garnered $181,500. Also notable was a 1969 DeTomaso Mangusta at $214,500. The Hollywood aura helped a low-mileage 1981 DeLorean DMC-12 sell for $55,000 on an auction block located a few miles from where “Back To The Future” was filmed.

High-profile customs included a 1935 Ford pickup built by legendary hot-rodder Gene Winfield, who watched his creation sell for $143,000. The “Unknown Roadster,” a barn-find 1931 Model A-based rod with undocumented provenance, realized $78,100.

Auctions America’s California Sale Top 5 sales:

Lot 3065

1960 Mercedes-Benz 300SL Roadster

$1,155,000

Lot 3098

1953 Ferrari 250 Europa

$1,017,500

Lot 3150

1990 Ferrari F40

$990,000

Lot 2149

1966 Shelby 427 Cobra

$962,500

Lot 3102

1966 Ferrari 330 GTC

$759,000

 

Auctions America concludes its busy summer events schedule later this month with its flagship Auburn Fall sale, August 27-31 at the historic Auburn Auction Park in Indiana. Held during the famous Auburn Cord Duesenberg Festival, the Labor Day Weekend tradition is one of the country’s premier celebrations of the hobby. In addition to the 1200-car auction, the event provides fun for the whole family, including a car corral, swap meet, unique vendors, celebrity appearances and thrill-seeking automotive-themed activities. In addition, NBCSN returns to broadcast more than six hours of live coverage from the “Classic Car Capital of America.”

 

Full results from Auctions America’s Burbank sale, along with further information on the company’s upcoming Auburn Fall Collector Car weekend and NBCSN broadcast times, are available online at auctionsamerica.com or by calling toll-free 877.906.2437 (+1 260 927 9797 outside of North America).

 

*Results are listed in USD and are inclusive of 10 percent buyer’s premium for automobiles and 15 percent for all other lots.