Barrett-Jackson Las Vegas 2014 – Auction Report

Barrett-Jackson Las Vegas, September 25-27, 2013

2014 marked Barrett-Jackson’s seventh year in Las Vegas.

With the Barrett-Jackson auctions now concentrated in the great Southwest, skeptics might think that B-J had mined its Scottsdale-Reno-Las Vegas vein down to tailings, but 2014 was B-J’s biggest ever Las Vegas auction – in consignments and in total sales.

Charity sales are always a Barrett-Jackson strength and they mined the Las Vegas bidders for $1,642,500 in five charity cars, too.

When considering the effect that Barrett-Jackson has it is only necessary to see that all three American auto manufacturers brought their biggest guns to bear on the Las Vegas charity consignments with:

  • Chrysler-Fiat [or is it Fiat-Chrysler?] selling the first 707hp 2015 Dodge Challenger SRT Hemi Hellcat for $825,000 [proceeds to the Opportunity Village Foundation];
  • GM selling the first retail delivery, 2015 Chevrolet Corvette 8-speed automatic, VIN 001 for $400,000 [proceeds to CARE House in Oakland County, Michigan];
  • Ford selling the last production unit of the 50th Anniversary Mustang for $170,000 [proceeds to the Henry Ford Heart and Vascular Institute]; and
  • GM selling 2014 Chevrolet Camaro Z/28, VIN 003 for $147,500 [proceeds to the YMCA of Southern Nevada].

Scottsdale and WestWorld is ‘home’ to Barrett-Jackson, but B-J’s event format is nowhere better suited than to Las Vegas. It’s big time wheelin’ and dealin’. Presented in a concentrated three-day format from Thursday through Saturday, Spanky Assiter and his auction block crew move fast so bidders can enjoy the many attractions of Las Vegas after the auction. The hours of automobilia in the morning might be a little much, but the kids polishing a micro-Cobra early on Saturday is more than enough to realize the attraction of signs, gas pumps and toys that bring consistently eye-opening prices.

Las Vegas 2014 marked the end of a chapter after Barrett-Jackson’s announcement that their sixteen year association with Speed Channel (and all its later names, eventually Fox Sports) came to an end here in Las Vegas. The TV market has changed, but arguably it was Barrett-Jackson on Speed Channel – with just six hours of live coverage in 1997 – that changed it, introducing programmers to the enthusiasm and loyalty of car people and creating the intrigue of watching live auctions with cameras thrust into the formerly private space of bidders. It made some heroes. Not just Barrett-Jackson’s Craig Jackson and Steve Davis, but also buyers like Ralph Whitworth, Ron Pratte and the colorful jackets of Dave Ressler.

Next year Barrett-Jackson will be on the Discovery network including Velocity Channel, where automotive programming is front-and-center. Discovery’s international reach may even educate BRICS watcher to the collector car phenomenon.

I vividly remember some years ago talking with Craig Jackson’s mom, Nellie, about the SPEED TV coverage. She said, wide-eyed with amazement, ‘People get together with friends in front of the TV and have Barrett-Jackson parties.’

Little did Russ and Nellie Jackson and Tom Barrett realize the juggernaut they launched four decades ago, or what Russ and Nellie’s younger son Craig would build on their legacy.

The legacy, by the way, is alive. For many years Barrett-Jackson styled itself ‘The world’s greatest collector car event.’ No more. It’s now ‘The world’s greatest collector car auction’.

It’s a change in presentation that reflects Barrett-Jackson’s return to its roots as a collector car auction.

It’s a great show, too, but the focus has returned to the cars on the block, and that’s a Good Thing.
Barrett-Jackson Scottsdale in 2015 will be an eight day affair with the historic disposition of Ron Pratte’s collection, setting it up to be the greatest Barrett-Jackson in history.

While you can get a similar vibe in Vegas in three days, there is no substitute for being at WestWorld January 9-18, 2015 for eight days of ‘The world’s greatest collector car auction.’

It isn’t to be missed, not even for hours of live TV on Velocity.

B-J Las Vegas
Cars Offered / Sold
Sale %
Average Sale
Media Sale
Total Sales
2014
706 / 705
99.9%
$47,425
$37,400 [78.9%]
$33,434,535
2013
661 / 657
99.4%
$48,201
$35,200 [73%]
$31,668,095

This report’s presentation is different. No sense getting locked into a single format.

The reported cars are ordered by transaction value, from most to least; headline cars up front.

Honestly, I thought about putting all the Land Cruisers together at the front, just because there were so many of them, but try this for a different presentation.

Comments are encouraged.

Barrett-Jackson Las Vegas 2014 – Auction Report

1971 Plymouth 'Cuda Hemi
Lot # 799 1971 Plymouth ‘Cuda Hemi 2-Dr. Hardtop; S/N BS23R1B225816; Black, White billboards/White leather; Recent restoration, 2+ condition; Hammered Sold at $350,000 plus commission of 10.00%; Final Price $385,000. No Reserve – 426/425hp, 4-speed, P/S, P/B, matte black shaker hood, dual quads, Rally wheels with trim rings, F60-15 Polyglas GT tires, wing, Hurst pistol grip shifter. – One of 59 Hemi ‘Cudas built with a 4-speed. Excellent paint, interior, chrome and stainless. Engine compartment is in showroom condition. Underbody is sharp and clean. A fresh, sharp, quality restoration of a broadcast sheet documented car, represented as the original engine but fluffed up with the white billboards and leather interior. – A desirable and a rare car with the 4-speed backing up the 426 Hemi, this restoration is better than new. The price it brought reflects Mopars’ declining collectors’ interest. They just don’t bring what they once did, even if this price is almost twice the COPO 9561 ’69 Camaro sold earlier. On that basis the Hemi is still magic.
1963 Chevrolet Corvette FI Coupe
Lot # 767.1 1963 Chevrolet Corvette FI Coupe; S/N 30837S102899; Red, 7 11/Black vinyl; Competition restoration, 2 condition; Not sold at Hammer bid of $330,000 – Reserve – 327/360hp, 4-speed, side exhaust, roll bar, Torque Thrust wheels, Dunlop Racing tires. – Race car from new driven by Gary Pickens. Used in ‘Viva Las Vegas’. NCRS Top Flight, American Heritage Award in 2013. Excellent paint, chrome, interior and engine compartment. Painted race graphics. – Offered at RM Monterey a year ago with a reported bid of $325,000, then at Mecum Houston in April with a reported bid of $275,000. A Corvette with honest early race car history and an impeccable restoration, the consignor waited for B-J Las Vegas and the magic of this car’s fifteen seconds of fame in ‘Viva Las Vegas’ to click in. Elvis didn’t drive this Corvette, it was background, and the bidders weren’t snared. Based on the prior reception, the market is speaking to the consignor, who has his fingers in his ears going ‘La la la lalala’ in an effort not to get the message.
2006 Ford GT
Lot # 764 2006 Ford GT; S/N 1FAFP90S96Y401980; Red, White stripes/Black leather; Unrestored original, 2 condition; Hammered Sold at $265,000 plus commission of 10.00%; Final Price $291,500. No Reserve – Red calipers. – 55 miles and in showroom condition. Documented with original window sticker and delivery documents. – This is what it takes to buy a delivery mileage Ford GT these days, unless it’s a Heritage edition with Gulf colors in which case add on the cost of a new Shelby Mustang.
1936 Packard Eight Phaeton
Lot # 780 1936 Packard Eight Phaeton; S/N 394365; Dark Green/Dark Green leather; Heather cloth top; Older restoration, 2- condition; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000. No Reserve – Body color wire wheels, hubcaps, trim rings, wide whitewalls, spotlight, jump seats, luggage rack, no spares. – Very good paint, chrome and interior. Underbody and chassis have been repainted over old paint. A sound and presentable old restoration with some fresh cosmetics. – It takes a spreadsheet to document this Packard’s auction history: RM Amelia 2008 sold for $187,000; RM Arizona 2010 no-sale for $115,000; RM Amelia 2011 sold for $143,000; Worldwide Auburn 2011 sold for $130,000; Mecum Monterey 2012 no-sale for $175,000; Mecum Houston 2013 no-sale for $155,000; Motostalgia Austin sold for $154,000; Auctions America Auburn Spring 2014 no-sale for $140,000. And a home run here. It is a beautiful old Packard, but it’s a Standard Eight, not a Super. It gets its new owner in the same events, though, and with an attractively liveried Packard with impeccable road manners.
1969 Chevrolet Camaro COPO
Lot # 769 1969 Chevrolet Camaro COPO 2-Dr. Hardtop; S/N 124379N650469; Garnet Red/Black vinyl; Older restoration, 2+ condition; Hammered Sold at $157,000 plus commission of 10.00%; Final Price $172,700. No Reserve – 427/425hp, 4-speed, P/B, cowl induction, 4.1 Positraction, body color steel wheels, hubcaps, Polyglas tires. – COPO 9561 through Dale Chevrolet in Waukesha, WI. Restored in 2010, certified by both Jerry MacNeish and Ed Cunneen. Excellent paint and chrome, good partially original interior. Engine compartment is clean and sharp, showing a little age but no appreciable use. – Offered at Auburn Spring in 2007 with a reported bid of $175,000, then at Auburn Fall a few months later with the bid down to $110,000. After the reported 2010 restoration it showed little interest at the RKMCCA auction in Charlotte last fall with a bid of $107,500. Came back strong here.
1957 Mercedes-Benz 190SL Roadster
Lot # 777 1957 Mercedes-Benz 190SL Roadster; S/N 1210427500731; Engine # 1219217500764; Medium Blue (DB334)/Red leather; Black cloth top; Cosmetic restoration, 3 condition; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000. No Reserve – Weber carbs, Becker Mexico AM-FM, body color wheels, hubcaps, trim rings, whitewalls. – Good fresh repaint, worn and stretched but sound old leather seats and interior panels. Good steering wheel. Very good bright chrome. Foggy gauge lenses, flaking oil pressure gauge face. Engine compartment is orderly. Underbody has been freshly squirted gloss black over old undercoat. Quickly done to take advantage of the 190SL’s current popularity. – Looks good from 20 feet but the closer you get the more is wrong and that doesn’t support spending this much. Starting on anything will soon lead to doing everything until the car and its owner are well and truly underwater. The best thing to do with the 190SL is to flip it, fast before the fad fades.
1968 Shelby Mustang GT500 Fastback
Lot # 788 1968 Shelby Mustang GT500 Fastback; S/N 8T02S149565-01877; Gold/Black vinyl; Visually maintained, largely original, 3+ condition; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000. No Reserve – 428/335hp, automatic, P/S, P/B, tilt steering column, pushbutton radio, 5-spoke alloy wheels, G60-15 Polyglas GT tires, grille-mounted fog lights. – Good clear coat repaint, otherwise a clean, well maintained GT500 that is showing its age. Dull, worn instrument panel, sound but aged upholstery. Original undercoat. Represented as ‘all matching numbers’, documented with the original window sticker and build sheet. – This is convertible money for a Fastback in this condition.
1957 Chevrolet Bel Air Convertible
Lot # 773 1957 Chevrolet Bel Air Convertible; S/N VC57F263474; Engine # F604FC; Larkspur Blue/Two tone Blue vinyl; Larkspur Blue vinyl top; Recent restoration, 1 condition; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000. No Reserve – 283/220hp, Powerglide, P/S, P/B, pushbutton radio, spinner wheel covers, whitewalls, continental kit, dual rear antennas, clock. – Restored some time ago to represent the quality of Snodgrass Restorations’ work and thus over the top everywhere. Multiple show winner. Perfect except for the gloss paint on the air cleaner. – One of the Snodgrass brothers said, ‘The air cleaner should be matte painted, but I just couldn’t bring myself to do it.’ This is a spectacular ’57 Bel Air convertible not only in its presentation but also in its gorgeous colors. It is beyond perfect. The result here is the price of buying the best, the best restored and presented car of the 65 looked at here in Las Vegas.
1937 Cord 812 Phaeton
Lot # 784 1937 Cord 812 Phaeton; S/N 31735F; Engine # FB1000; Cigarette Cream/Maroon leather; Black cloth top; Older restoration, 3 condition; Hammered Sold at $130,000 plus commission of 10.00%; Final Price $143,000. No Reserve – Turn signals, outside exhaust headpipes, large hubcaps, wide whitewalls, radio, heater, fog light. – Freshly stamped ID plate. Passenger’s outside door handle doesn’t work. Good recent repaint, older interior. Top of the engine looks good but the chassis is aged and dirty. Fiberglas front fenders. A sound driver quality Cord Phaeton. – Chassis number 31735F should be a convertible coupe. A sound and usable car, it brought a premium price for its presentation and plastic fenders.

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  1. Thanks for the article Rick , and as for Tom Barret he was a real character , the L.A Times once called him the P.T Barnum of the Classic car world , and I knew him well , I remember staying at his house in Scotsdale and we were in his golf cart riding around his garages looking at his fantastc cars when I spotted an old beat up Cadillac Limo I said ” Tom what’s that thing doing here ? ” Tom replied ” Thats Elvis Preslys 1978 Cadillac Limosine ” I thought for a moment then said ” But Tom Elvis died in 1977 ” Tom came back straight away with ” Yeah , but he order it before he died ! ” a true salesman !

  2. Comparing old Corvette price degradation with that of gold is a poor comparison compared to the stock market in general. In the same time frame (4 years) that Corvette prices have gone down hill, the same money invested in the S&P 500 has done outstandingly well. Most old cars are very poor investments.