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Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of unsold classics from the 1950s and 1960s. ... Mecum and Bonhams — fell to $391 ...
After the live auction world's hiatus caused by the COVID-19 pandemic, Gooding & Company made headlines by selling the top two cars at auction in 2021 at its Pebble Beach Auctions: the 1995 McLaren F1, sold for over 20 million dollars, and the 1959 Ferrari 250 GT LWB California Spider Competizione, sold for over 10 million USD.
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
An auto show (also: motor show or car show) is a public exhibition of current automobile models, debuts, concept cars, or out-of-production classics. The five most prestigious auto shows, sometimes called the "Big Five", are generally considered to be held in Frankfurt, Geneva, Detroit, Paris and Tokyo. [1]
The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel. The company held its first collector car auction in Auburn on Labor Day in 1971; the Labor Day auction became an annual event and grew to become the largest collector car auction in the world. [ 1 ]
The auction was originally meant as a one-time event, [9] but was more successful than expected, garnering 3,000 attendees. It became an annual event, [6] and eventually prompted the creation of other collector car auctions in the Scottsdale area. [10] Jackson's wife Nellie was a car enthusiast and also took part in the business. [11]
Mecum's auctions attract a varied clientele, [16] including a large number of non-bidding spectators, who make up approximately 90 percent of attendees. [3] Events receive anywhere from 20,000 to 100,000 attendees. [9] The inaugural auction event, known as the Rockford Spring Classic, was held at the Greater Rockford Airport in 1988.
If you’ve ever driven on North Market Street just south of 13th Street, then you’ve driven past history, probably without even knowing it. That bit of history is now up for auction.