The Auctions America Auburn Spring 2016 sale was held May 5-7 at the Auburn Auction Park in Auburn, Indiana, resulting in $7,187,439 in total sales and an 80 percent sell-through rate of all lots sold. The results represent a 40 percent increase over 2015. Bidders hailed from 36 states across the U.S. and 12 countries around the world, with more than 30 percent representing first-time clients.
“The weather was certainly on our side for the Auburn Spring weekend, bringing record crowds and high energy across all three days of the event,” said Megan Boyd, Car Specialist, Auctions America. “While our Auburn venue is best known for great American classics and muscle, the top-selling Ferrari shows that, with quality product, our knowledgeable team of car specialists can successfully connect buyers and sellers across a broad variety of genres and categories.”
The top-seller of the 2016 Auctions America Auburn Spring event was a 1968 Ferrari 365 GT 2+2 at $247,500. Two pony cars completed the top three, with a time-capsule 1970 Ford Mustang Boss 429 and a highly optioned 1968 Shelby GT 500 Fastback selling for $238,700 and $159,500, respectively.
To coincide with appearances from Wayne Carini of Velocity’s Chasing Classic Cars, Auctions America presented two cars in support of Autism Research and Education – causes close to Carini’s heart. Together, a 1966 Dodge Monaco Two-Door Hardtop and a 2006 Ford Shelby Terlingua Mustang Coupe Tribute raised $20,900 to benefit of Autism Speaks and the Treasure Coast Autism Project. Additionally, Auctions America offered a Hot Wheels car on behalf of a 13 year-old, next generation collector named Liam, who was raising funds for the Friends of Kids with Cancer organization. Generous bidders paid $3,000 for the tiny toys, donating the cars back twice to raise a total of $9,000 for the cause, with additional funds contributed by Auburn Spring attendees throughout the weekend.
Auctions America Auburn Spring 2016 – Top Five Auction Results
1. 1968 Ferrari 365 GT 2+2 – $247,500
2. 1970 Ford Mustang Boss 429 – $238,700
3. 1968 Shelby GT 500 Fastback – $159,500
4. 1936 Auburn 852 Supercharged Phaeton Sedan – $90,750
5. 1931 Auburn 8-98 Phaeton Sedan – $89,100
For complete auction results, visit AuctionsAmerica.com.
Auctions America continues its 2016 calendar of events with the company’s fourth annual Santa Monica auction, June 25-26, featuring approximately 300 vehicles. From California back to Indiana, the company’s summer auction season will then conclude with a return to the Auburn Auction Park, September 1–4 for the Auburn Fall collector car weekend. A Labor Day tradition spanning more than 45 years, the event will see 900 vehicles and assorted automobilia up for bids.
[Source: Auctions America]
