The events of 2018 Amelia Island events have come and gone, leaving only memories and results behind. During the event, Hagerty diligently recorded the numbers from the many auctions that took place and have shared them with us. It should be noted that these results do not include all post-sale “off the block” transactions.
(Featured Image by Deremer Studios LLC)
After all auction events were completed, 334 out of the total 489 lots were sold for a total sell-through rate of 68 percent. The cumulative total of these sales amounted to $80.4, with an average sale price of $240,794. Auction houses that took part in these sales included RM Sotheby’s, Bonhams, Gooding & Company, Hollywood Wheels and Motorstalgia.
Porsches performed very well in Amelia Island, having a 90 percent sell-through rate. Some of the Porsche highlights include a 1993 Porsche 911 Carrera RS 3.8 in Speed Yellow that sold for $1,655,000 through RM Sotheby’s and a 1993 Porsche 964 Turbo S Leichtbau in Midnight Blue that sold for $1,760,000 through Gooding & Company.
RM Auctions Returns to Fort Lauderdale
Hagerty notes that “later model, low-mileage, low-production performance cars” performed very well during the event, citing a 2001 Lamborghini Diablo VT 6.0 SE with 14 miles that sold for a $412,000 through RM Sotheby’s. In contrast with these performance cars, pre-war vehicles performed well with a sell-through rate of 83 percent. A great example of spectacular cars in the segment that was at the event is the condition #1 rated 1931 Marmon Sixteen Convertible Coupe that sold for $1,050,000 at RM Sotheby’s event.
Market observer Colin Comer told Hagerty that “this week’s sales proved that buyers have faith in the underlying strength of the market, which kicked off with a bang in Arizona despite gloomy expectations. Spectacular cars priced under $1M and fresh-to-market cars such as the barn find Cobra and Ferrari 275 GTB that sold at Gooding continue to be especially attractive to buyers.”
The next big car week that we’ll see in the U.S. will be the events held in Monterey at the end of August, but there will be many other auctions taking place. Be sure to check back with us for more automotive auction coverage.
RM Sotheby’s Top 10 Results
1. 1966 Ferrari 275 GTB Long Nose Coupe sold for $2,205,000
2. 1993 Porsche 911 Carrera RS 3.8 Coupe sold for $1,655,000
3. 1993 Porsche 911 Carrera RSR 3.8 Coupe sold for $1,270,000
4. 1930 Isotta Fraschini Tipo 8A S Boattail Cabriolet sold for $1,270,000
5. 1957 Mercedes-Benz 300SL Roadster sold for $1,094,000
6. 1956 Mercedes-Benz 300SL Gullwing Coupe sold for $1,077,500
7. 1931 Marmon Sixteen Convertible Coupe sold for $1,050,000
8. 1930 Duesenberg Model J Hibbard & Darrin Imperial Cabriolet sold for $995,000
9. 1962 Aston Martin DB4 Saloon sold for $765,000
10. 1960 Ferrari 250 GT Coupe sold for $720,000
Overall Total: $27.6M
87/102 lots sold: 85% sell-through rate
Average Sale Price: $316,824
Gooding & Company Top 10 Results
1. 1966 Ferrari 275 GTB Long Nose Alloy Coupe sold for $2,530,000
2. 2003 Ferrari Enzo Coupe sold for $2,365,000
3. 1967 Ford GT40 Mk IV Coupe sold for $1,925,000
4. 1993 Porsche 911 Coupe sold for $1,760,000
5. 1952 Ferrari 212 Europa Cabriolet sold for $1,600,000
6. 1990 Porsche 962C Race Car sold for $1,595,000
7. 2015 Porsche 918 Spyder Roadster sold for $1,540,000
8. 1996 Porsche 911 GT2 Coupe sold for $1,485,000
9. 1966 Shelby Cobra 428 Roadster sold for $1,457,500
10. 1976 Porsche 934 Turbo Coupe sold for $1,320,000
Overall Total: $35.5M
81/86 lots sold: 94% sell-through rate
Average Sale Price: $438,818
Bonhams Top 10 Results
1. 2015 McLaren P1 Coupe sold for $1,710,000
2. 1959 Porsche 356A Carrera GS Coupe sold for $632,000
3. 1968 Ferrari 330 GTC Coupe sold for $545,100
4. 1936 Horch 853 Roadster sold for $544,000
5. 1933 Rolls-Royce Phantom II Continental Convertible sold for $480,200
6. 1947 Delahaye 135MS Coupe sold for $478,000
7. 2001 Ferrari 550 Barchetta Convertible sold for $450,500
8. 1957 Porsche 356A 1600 Super Speedster sold for $445,000
9. 1995 Porsche 911 Carrera RS Coupe sold for $368,000
10. 1992 Porsche 911 Turbo Coupe sold for $343,800
Overall Total: $13.2M
88/101 lots sold: 87% sell-through rate
Average Sale Price: $149,919
Motostalgia Top 10 Results
1. 2005 Mercedes-Benz SLR McLaren Coupe sold for $286,000
2. 1965 Ferrari 330 GT SI Coupe 2+2 sold for $225,500
3. 1965 Shelby Cobra CSX 7000 Series Roadster sold for $158,400
4. 2012 Mercedes-Benz SLS AMG Convertible sold for $119,900
5. 1962 Alfa Romeo 2000 Spider sold for $106,700
6. 1967 Jaguar E-Type SI 4.2 Coupe sold for $104,500
7. 2004 Ferrari 360 Spider sold for $91,300
8. 1953 Jaguar XK120 SE Fixed-Head Coupe sold for $90,200
9. 2005 Aston Martin Vanquish S Coupe sold for $85,800
10. 1991 Ferrari Testarossa Coupe sold for $84,700
Overall Total: $2.3M
50/72 lots sold: 69% sell-through rate
Average Sale Price: $46,985
Hollywood Wheels Top 10 Results
1. 2003 BMW Z8 Alpina Roadster sold for $216,000
2. 1968 Shelby GT500 KR Fastback sold for $183,600
3. 1958 Chevrolet Bel Air Impala 348/250 Sport Coupe sold for $116,100
4. 1954 Chevrolet Corvette Roadster sold for $114,480
5. 2007 Bentley Azure Convertible Coupe sold for $108,000
6. 1966 Chevrolet Corvette Convertible Restomod sold for $99,900
7. 1959 Chevrolet Corvette 283/245 Convertible sold for $97,200
8. 1947 DeSoto Deluxe Sedan sold for $78,300
9. 1980 Ferrari 308 GTB Coupe sold for $68,040
10. 1964 Buick Riviera Sport Coupe sold for $57,240
Overall Total: $1.8M
28/128 lots sold: 23% sell-through rate
Average Sale Price: $66,831