Auctions America managed to generate more than $15.4 million worth of sales at its annual California collector auction held on Friday and Saturday last week.
Held for the first time at Santa Monica’s historic Barker Hanger, the auction saw almost 300 collector cars and memorabilia sold at immense prices. Those bidding on vehicles from the auction hailed from 11 countries around the world with 43 per cent of bidders first-time clients of Auctions America.
Discussing the results, managing director of Auctions America’s West Coast Division Ian Kelleher said “We’re very pleased with results from our third annual California sale, which cements our reputation as the leading auction house serving the Southern California collector community. Despite the rainy weather, we enjoyed strong attendance on Saturday, with some solid prices recorded across the board. Our new venue at the Barker Hangar proved particularly popular among attendees, and provided us with a great opportunity to showcase our team’s creativity. All in all, the event was a success on all fronts and created an excellent foundation for us to build on in the future.”
Two very different cars were the highest sellers both bringing in $1.87 million. They were a 1938 Mercedes-Benz 540K Special Roadster and a much faster and more sophisticated Ferrari Enzo. The third most expensive car sold was a 1967 Ferrari 330 GTS which fetched $1.6225 million.