Auctions America: 2nd annual California auction breaks records

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Culver City CA, Aug 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.

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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.”

1960 Mercedes Benz 300SL

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.

Ferrari 333 SP Engine

Another eye-opener was a rare Ferrari 333 SP engine, which commanded $310,500.

1997 BMW 850 CI Coupe

Examples of future collectibles included a 1988 BMW E30 M3 for $56,100 and a 1989 Porsche 911 Carrera, which garnered $181,500.

1969 DeTomaso Mangusta1981 DeLorean DMC-12

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.

1935 Ford pickup built by legendary hot-rodder Gene Winfield

High-profile customs included a 1935 Ford pickup built by legendary hot-rodder Gene Winfield, who watched his creation sell for $143,000.

1931 Ford Model A UNKNOWN ROADSTER

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:

1960 Mercedes-Benz 300SL Roadster

1960 Mercedes-Benz 300SL Roadster $1,155,000

1953 Ferrari 250 Europa by Pinin Farina

1953 Ferrari 250 Europa $1,017,500

1990 Ferrari F40 owned by Rod Stewart

1990 Ferrari F40 $990,000

1966 Shelby 427 Cobra

1966 Shelby 427 Cobra $962,500

1966 Ferrari 330 GTC

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.

About Auctions America

Formed in July 2010, Auctions America specializes in the sale of American classics, European sports cars, Detroit muscle, hot rods and customs. Headquartered at the historic Auburn Auction Park in Indiana, Auctions America boasts an expert team of full-time vehicle specialists, who offer over 140 years of combined experience buying, selling, racing and restoring collector vehicles, making them uniquely qualified to advise on all aspects of the hobby. The company’s established roster of annual events are held in some of the country’s leading automotive destinations including Auburn, Indiana; Fort Lauderdale, Florida; Carlisle, Pennsylvania and Burbank, California. To learn more about Auctions America, visit auctionsamerica.com, find us on Facebook or follow us on Twitter @auctionsamerica.

Source: Auctions America

Photos: Randy Berg

Photo below: 1968 Chevrolet Camaro RS Restomod Sport Coupe $37,400; 1935 Pierce-Arrow Model 845 Coupe $68,750; Corvette Dimestore Ride $13,800; and 1920 Oldsmobile 45-BT Touring $23,100

1968 Chevrolet Camaro RS Restomod Sport Coupe crossing the block at Auctions America
1935 Pierce-Arrow Model 845 Coupe sold at Auctions America California 2014
Corvette Dimestore Ride sold at Auctions America 2014
1920 Oldsmobile 45-BT Touring sold at Auctions America 2014

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