The Auctions America Hilton Head 2015 sale was held October 31 at the Westin Hilton Head Island Resort on Hilton Head Island, South Carolina, resulting in $5,452,733 in total sales and a 67.24% sell-through rate on all lots sold. Auctions America’s debut Hilton Head sale included bidders from six countries and 29 states from across the U.S., with 45 percent of bidders representing first-time clients.
“We enjoyed a fantastic few days in South Carolina and are pleased with the results generated by our inaugural Hilton Head Island sale,” said Megan Boyd, Car Specialist, Auctions America.“Strong interest in the auction vehicles during the preview translated into some great prices and lively bidding at Saturday’s sale. We were particularly thrilled by the widespread interest and participation in the auction; 45 percent of bidders represented new clients to Auctions America. It was a great hobby weekend and provided a fantastic close to our 2015 season.”
Top sale honors at the last Auctions America event of 2015 went to a Rosso over Black 1967 Ferrari 330 GTC that sold for $638,000. It led a roster of European sports cars at the event, including a 1984 Ferrari 512 BBi, just 3,600 miles from new, which garnered $360,250, and an original 1989 Lamborghini Countach 25th Anniversary Edition, which sold for $343,750.
Highlighting American-built automobiles, a 1953 Chevrolet Corvette returned to Hilton Head Island after claiming Best of Show honors at the 2009 Concours d’Elegance. The Vette spurred a bidding contest between a bidder in the room and on the phone to well-exceed its high-estimate at $379,500.
Auctions America Hilton Head 2015 – Top Five Auction Results
1. 1967 Ferrari 330 GTC – $638,000
2. 1953 Chevrolet Corvette – $379,500
3. 1984 Ferrari 512 BBi – $360,250
4. 1989 Lamborghini Countach – $343,750
5. 1965 Maserati 3500 GTI Sebring Series II – $237,600
For complete results, visit AuctionsAmerica.com.
Auctions America will kick off its 2016 auction season in Fort Lauderdale, Florida, April 1-3. The event will celebrate its 14th year in 2016 by lifting the gavel on approximately 500 collector cars.
[Source: Auctions America]
You said total sales of 5 1/2 million dollars at Hilton Head event but only showed about $2 million. What is sell through rate. Sounds like some sold later backed out.