Barrett-Jackson Las Vegas 2011 – Auction Report

Barrett-Jackson, Las Vegas, September 22-24, 2011

Report and photos by Rick Carey, Auction Editor

Las Vegas is the home of glitz and glitter, a place where Barrett-Jackson’s collector car event fits like it was made to order.

The three-day event from Thursday through Saturday was assiduously timed to give bidders and spectators ample time to experience the auction excitement, spend hours wandering the aisles of Mandalay Bay’s cavernous convention center looking at the cars, and still end in the early evening in plenty of time to take in an egregiously over-priced meal or drop a few dollars in the slots or at the tables.

All the cars are now inside (air conditioned and out of the 100 degree days’ sunshine) and arrayed with plenty of room around them. An entire display hall is devoted to sponsors, exhibitors, vendors, B-J related charities and previews of upcoming B-J Scottsdale 2012 cars. The auction arena is easily accessible from the preview through the lineup tunnel and the layout leaves ample space in Mandalay Bay’s parking lots for GM, Porsche and Ford to display cars and give test drives and for Ford’s drifting performances.

One of the many things Barrett-Jackson does better than anyone is sell cars for charity. Darrell Gwynn’s wheelchairs for kids foundation is one of the stalwarts, this year collecting $200,000 from the sale of the ‘Barrett-Cuda’ custom built just for Gwynn’s foundation. The Armed Forces Foundation – which raises money to support the families of wounded veterans – is another and B-J pulled out all the stops for it, selling the ’64 Ford Fairlane created by Barrett-Jackson and Sherwin-Williams to introduce the Planet Color Barrett-Jackson Collector Color Series paints a few years ago. They distributed American flags throughout the auction arena, walked the Fairlane onto the block behind a USMC color guard and set off a storm of euphoria in a bidding contest between two phone bidders eventually won by reliable Ron Pratte at $700,000.

The character of Barrett-Jackson Las Vegas is unique, as are the many customized cars it offers. Out of 578 total lots, 228 – cars, trucks and a farm tractor – were characterized by their consignors as ‘customs’. That’s 39.4% of the total consignments on the floor at Mandalay Bay, a gauge of Barrett-Jackson’s effort to consign cars that reflect the Las Vegas bidders’ desire to express their individuality in the cars they buy.

Barrett-Jackson offered 578 cars for sale, with 574 finding new owners, reflecting a 99.3% sale rate. The total sales volume was $24,261,025 and the average price per car sold was $42,267.

Barrett-Jackson Las Vegas 2011 – Auction Report

(See Reference – Auctions Explained, A Note on Conditions and Character).

1931 Pontiac Four Door Sedan
Lot # 6 1931 Pontiac 4-Dr. Sedan; S/N 696048; Black/Grey cloth; Cosmetic restoration, 3 condition; Hammered Sold at $9,500 plus commission of 10.00%; Final Price $10,450 -- Red wire wheels, blackwall tires, vinyl covered rear-mounted spare. A sound old car that's had a mediocre repaint but good chrome and interior recently and probably needs only simple attention and work to be a highly unusual driver. A little underhood attention to clean up some grunge would be a good place to start. No Reserve. Having a collector car to tootle around town on the weekends, take the family out for ice cream or parades need not be expensive, as this Pontiac illustrates. It wouldn't have been over-priced for a few dollars more and should be a gratifying purchase for its new owner.
1972 Datsun 240Z Coupe picture
Lot # 14.1 1972 Datsun 240Z Coupe; S/N HLS3088557; Orange/Black vinyl; Visually maintained, largely original, 3+ condition; Hammered Sold at $6,250 plus commission of 10.00%; Final Price $6,875 -- Slotted alloy American Racing wheels, Ohtsu blackwall tires, cassette stereo, automatic. Good clearcoat repaint but flawed on cowl. Good chrome and interior. Underbody re-undercoated. An attractive cosmetic redo and a good driver. No Reserve. This 240Z was reported sold at B-J's Orange County sale a year ago for $14,300. It would take a lot of driving to make a dent in the seller's loss, but the odometer shows only 24 more miles now than it did then. Ouch. The 240Z is an important milestone which collectors haven't caught up with yet.
1967 Volkswagen Beetle
Lot # 14.2 1967 Volkswagen Beetle 2-Dr. Sedan; S/N 117048833; Red/Saddle vinyl; Visually maintained, largely original, 3- condition; Hammered Sold at $5,750 plus commission of 10.00%; Final Price $6,325 -- CD stereo, black steel wheels, hubcaps, blackwall tires. Poorly masked fresh repaint over old paint, decent new interior, good new bumpers. A sound Beetle made up for the auction. No Reserve. This is just a Beetle in auction car superficially dressed up condition. It deserves the mediocre reception it received from the B-J bidders.
1996 HMD Dune Buggy
Lot # 15 1996 HMD Dune Buggy; S/N ID42721COLO; Red/Red, Black vinyl; Visually maintained, largely original, 3- condition; Hammered Sold at $6,500 plus commission of 10.00%; Final Price $7,150 -- Chrome wheels, rollbar, cheap plastic bucket seats with slip on upholstery. Described as a 'complete ground-up restoration'. It that's the case the restorer went the extra mile to create the minutely and generously pitted paint finish and preserve both the road grime on the chassis and the rusty engine bits. A real beater buggy with stock VW power. Yeah, it's despicable, but it has lots of potential as a fun weekend driver. It's cheaper than an old Jeep.
1959 Edsel Ranger
Lot # 23 1959 Edsel Ranger 4-Dr. Sedan; S/N C9UF742572; Mist Green, Beige roof and accent/Light Green, Beige vinyl; Visually maintained, largely original, 3- condition; Hammered Sold at $5,500 plus commission of 10.00%; Final Price $6,050 -- 292/200hp, 3-speed, heater, clock, Town & Country radio, wheel covers, whitewalls. Quick older repaint, otherwise original and sound but aged and used. Water spotted bumpers, pitted mirrors. No Reserve. It's what it's worth. Maybe even a little more.
1957 Pontiac Chieftain
Lot # 27 1957 Pontiac Chieftain 4-Dr. Hardtop; S/N T757H4604; Metallic Green, Light Green roof and accent/Light Green vinyl, Green cloth; Older restoration, 3- condition; Hammered Sold at $11,500 plus commission of 10.00%; Final Price $12,650 -- Automatic, 4-barrel carb, spinner wheel covers, whitewalls, skirts, CD stereo and A/C added during restoration. Flawed and failing old paint, good interior in incorrect but attractive materials. Engine compartment is scary but chassis looks good. Cracked windshield corner. Badly painted hood ornament but good bumpers and side trim; pitted taillight housings. Great eyeball at thirty feet but doesn't hold up to even a cursory close look. No Reserve. A nice old cruiser at an affordable price and it'll be easy to load the kids in the back seat, just like it was in 1957, with that hardtop look for panache.
1953 John Deere Model 40 Tractor
Lot # 33 1953 John Deere Model 40 Tractor; S/N 64778; Green, Yellow wheels/Black vinyl; Truck restoration, 2+ condition; Hammered Sold at $7,250 plus commission of 10.00%; Final Price $7,975 -- Power takeoff, hydraulic 3-point implement mount, single headlight and backup light. Freshly restored with excellent paint. A premium tractor for a premium price.
1959 Volkswagen Beetle
Lot # 33.2 1959 Volkswagen Beetle 2-Dr. Sedan; S/N 2171337; Silver/Grey vinyl; Cosmetic restoration, 3+ condition; Hammered Sold at $12,000 plus commission of 10.00%; Final Price $13,200 -- Hubcaps on maroon and beige wheels, roof rack, fender mirrors, mud flaps, gravel shields. Good fresh paint, chrome and interior. Underbody is dry and fairly clean but not restored or even scrubbed. Clean and orderly engine compartment. An attractive, usable cosmetic redo to auction car standards. No Reserve. This is a decent but not exceptional Beetle that the seller dressed up for the auction and brought a premium price.
1955 Ford Country Sedan Station Wagon
Lot # 35.1 1955 Ford Country Sedan Station Wagon; S/N U5LX169427; Light Green, White/Two tone Green vinyl; Cosmetic restoration, 3+ condition; Hammered Sold at $21,500 plus commission of 10.00%; Final Price $23,650 -- 272/162hp, overdrive 3-speed, pushbutton radio, heater, dual outside mirrors, wire wheel covers, whitewalls, P/S, two-row seating. Very nice fresh paint, chrome and interior, but the chassis is still wearing old undercoat dressed up with some paint. An intriguing and good looking driver for cruising and family day trips or a great tailgate party car. No Reserve. The unusual feature of this Country Sedan is its overdrive 3-speed which makes it a lot more appealing to some drivers. They included the bidders here who paid a healthy price for an attractive but not fully restored.
1971 Chevrolet Camaro Z/28 2-Dr. Hardtop
Lot # 37 1971 Chevrolet Camaro Z/28 2-Dr. Hardtop; S/N 124871L515410; Silver-Grey, Black stripes/Black cloth; Unrestored original, 3- condition; Hammered Sold at $16,000 plus commission of 10.00%; Final Price $17,600 -- 350/330hp LT1, M22 4-speed, Hurst shifter, 4.11 Positraction, P/S, no P/B, 5-spoke steel wheels, rear spoiler, tube headers. Replacement block with no numbers. Dull, scratched original paint, good original interior except for torn driver's seat cushion. Surprisingly clean and sound. No Reserve. This isn't the Z/28 of legend but it's a healthy and attractive model distinguished by its originality, if not by the replacement engine. It's a sound value at this price.
1967 Ford Mustang Convertible
Lot # 37.2 1967 Ford Mustang Convertible; S/N 7T03C237399; Red/Black vinyl; Black vinyl top; Cosmetic restoration, 3+ condition; Hammered Sold at $22,000 plus commission of 10.00%; Final Price $24,200 -- 289/200hp, automatic, P/S, P/B, A/C (without a compressor belt), cassette stereo, styled wheels, blackwall tires. Multiple flawed and generously fisheyed repaint, fair chrome, good interior. Original chassis and underbody, orderly, detailed engine. A usable driver with eyeball appeal. No Reserve. A great driver at a realistic price.
1950 Ford Crestline 2-Dr. Sedan
Lot # 41 1950 Ford Crestline 2-Dr. Sedan; S/N B0CH171455; Black, Maroon; Black vinyl roof/Black vinyl, Maroon cloth; Cosmetic restoration, 3 condition; Hammered Sold at $15,000 plus commission of 10.00%; Final Price $16,500 -- Turn signals, floor shift, water, dual dummy spotlights, skirts, wheel covers. Not a very high quality restoration but probably about all the car needs. Sound paint and interior. Doors close and line up well. Scuffed grille chrome looks like it was polished with 200 grit sandpaper. No Reserve. Offered at Mecum's Monterey auction a month ago where it no-saled at a reported $15,000 bid, the price here is all the car could hope to bring.
1941 Studebaker Champion Coupe
Lot # 41.2 1941 Studebaker Champion Coupe; S/N 153611; Sand, Brown roof and accent/Brown leatherette, Beige cloth; Older restoration, 3 condition; Hammered Sold at $16,500 plus commission of 10.00%; Final Price $18,150 -- Whitewalls, hubcaps, trim rings, grille guard, heater, no radio. A 1990's restoration with a more recent and not very good repaint over the old paint. Pitted and water spotted chrome quickly repolished. Good interior and dash. Chassis is in good shape but dusty. No Reserve. Unusual, but not particularly attractive, rare or desirable, the seller should be very happy with the price it brought.
1966 Ford Mustang Coupe
Lot # 42.1 1966 Ford Mustang Coupe; S/N 6R07A167201; Emberglo/Parchment vinyl; Visually maintained, largely original, 3- condition; Hammered Sold at $18,200 plus commission of 10.00%; Final Price $20,020 -- 289/225hp, automatic, styled wheels, narrow whitewalls, A/C, P/S, P/B, Rally Pac instruments, cassette stereo. Decent clear coat repaint, new interior and chrome but engine is only half-heartedly detailed and chassis and underbody aren't at all. A superficially redone auction car. No Reserve Just-a-car which brought all the money it could have hoped to bring.
2006 Volkswagen Jetta WCTC TDi Racer
Lot # 46 2006 Volkswagen Jetta 4-Dr. WCTC TDi Racer; S/N 3VWRT71KZ6M838993; Dark Red/Black; Competition car, original as-raced, 3 condition; Charity Fundraiser, no buyer's premium $37,000 plus commission of ; Final Price $37,000 -- Speed World Challenge Touring Car series race car raced until 2008. Proceeds to the Austin Hatcher Foundation for pediatric cancer research. No Reserve. These cars have become a regular from Chili Pepper Racing at B-J auctions and a great way to unload last year's race car for a charity established by the car owners. Go racing for cheap, with a clear conscience.
1966 Volkswagen Type 2 E-Z Camper Bus
Lot # 51 1966 Volkswagen Type 2 E-Z Camper Bus; S/N 216073719; Blue/Light Yellow vinyl; Visually maintained, largely original, 3- condition; Hammered Sold at $10,000 plus commission of 10.00%; Final Price $11,000 -- New RVTech camper interior. Body was quickly painted and even more quickly masked. Underbody is original and grungy. Latch mechanism missing on engine door. Engine superficially steam cleaner detailed. An auction bus. No Reserve. Cute bus but the presentation can only be described as disappointing. The seller probably felt the same about this result after spending on accessories and dressup.
1961 MG A 1600 Coupe
Lot # 51.1 1961 MG A 1600 Coupe; S/N GHDL88189; Red/Tan leather; Older restoration, 3+ condition; Hammered Sold at $24,000 plus commission of 10.00%; Final Price $26,400 -- Chrome wire wheels, blackwall tires, heater, badge bar, fender minors, no radio. Good driver restoration. Car card says it has a 1,489cc engine. Soiled driver's seat. Doors close hard. Tacky chrome fender welt. An unusual car with good eye appeal that will be a good driver. No Reserve. The 1500 engine swap obviates much of the appeal of this MGA but it still brought a healthy price.
1951 Ford Custom Convertible
Lot # 52.1 1951 Ford Custom Convertible; S/N B1AT140990; Sportsman Green, Black/Black vinyl, light Green cloth; Black cloth t; Cosmetic restoration, 3- condition; Hammered Sold at $21,000 plus commission of 10.00%; Final Price $23,100 -- Overdrive 3-speed, pushbutton radio, clock, ash tray light, turn signals, skirts, wheel covers, wide whitewalls. A superficial cosmetic redo with good paint, fair interior, good new top and weak chrome and stainless. Chassis resprayed over old, lumpy undercoat. Engine painted and dressed up with chrome doo dahs. Stunning in its mediocrity. No Reserve. This Ford has lots of eye-appeal, but little more going for it. It will be an enjoyable driver but will bring its new owner little pride of ownership. As weak as it is, though, it is worth its price here.

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  1. I was there and agree with most of your comments. However, regarding the comparison of the “Black Widow” 57 Chev to the Turquoise one, I totally disagree. The Black widow appeared to be a very quick and haphazard auction creation with horrible wavy bodywork and painted over rust in the area ahead of the radiator while the turquoise one was a very nicely done body off resto with straight panels and decent paint. No question which one I would buy.

    1. Hopefully we can leave this as a reasonable difference of opinion, like the argument over penalizing Massa instead of Hamilton at last weekend’s Indian GP. I was turned off by the turquoise ’57’s mixed up presentation and not convinced of its Bel Air-ness. Both it and the Widow replica were made up cars, leaving choice to the bidders. I don’t think either was a bad value at their prices.

  2. Could you tell me the type of rims/hubcap that are on the 66 mustang? I am looking to replace one that fell off of my ’67.