Amelia Island Car Auction

The Amelia Island Car Auction was held in 2010 on the 13^th of March and was a huge success with total sales that reached $19 million. Apparently, classic car collectors were very interested in the many cars that were part of the auction.

The event took place at the Ritz-Carlton Hotel and in just one day 112 cars were sold. The price tags were astounding as well: four cars were sold for more than a million dollar, while 15 of these beauties went over the selling price that was estimated for them. You must agree that the event was a good start, considering that later on the Amelia Island Concurs d’Elegance was going to be organized. Let’s hope the standards were as high or why not even higher.

The most expensive car sold at the auction was a 1930 Duesenberg Model J Sport Berline that used to be the property of the important American collector Mr. John O’Quinn. Among the 54 cars that are part of the collection this particular classic car, the so called “Whittell Mistress Car” was sold for the impressive sum of $1,705,000, a selling price that exceeded the estimated one. The collection’s price tag went up after the sale of another Model J Duesenberg, a restored 1932 Convertible Coupe. Its price was a little over $800,000, a well deserved respect for a beautiful classic car.

The collection of Mr. John O’Quinn had other surprises in store as well. A 1955 Mercedes-Benz 300SL “Gullwing” Coupe, with red leather interior was able to convince its future owner to pay $687,500. The 1935 Auburn 851Sc Speedster didn’t leave the audience down either. It was sold for an impressive $418,000. The collection included a 1964 Pontiac Bonneville as well. The convertible was built as a custom model for Hank Williams Jr. by Nudie Cohn and was able to get a selling price of $225,500.

Another highlight of the 2010 Amelia Island Car Auction was the presence of a range of historic Ferraris. The center piece was a Fly Yellow 1967 Ferrari 275 GTB/4 Berlinetta that prior to the event featured in Forza Magazine. Its price tag went over the estimated selling price, reaching $1,650,000. Another $1,265,000 was paid for a 1967 alloy-bodied Four-Cam that became available on the market for the first time in 30 years. The last one-million dollar baby of the auction was a 1971 Ferrari 365 GTB/4 Daytona Spyder that was formerly the property of Edsel B. Ford II and came with full certification provided by Ferrari Classiche.

98 of the 112 classic cars enlisted in the Amelia Island Car Auction found a new owner. The total sales reached $19,147,550, while the average sum paid for a car was of no more and no less than $198,383. You must admit that those numbers are quite impressive and prove that the Amelia Island Car Auction is not for cheap people. It’s an event dedicated to rare classic car lovers that are willing to go the extra mile for the cars that steal their heart.

Post tags: Tags: 1930 Duesenberg Model J Sport Berline, Amelia Island Car Auction, Fly Yellow 1967 Ferrari 275 GTB 4 Berlinetta