The Barrett-Jackson Northeast 2016 auction was held June 23-25 at the Mohegan Sun in Uncasville, Connecticut, resulting in more than $26 million in total sales and a 96 percent sell-through rate. The inaugural Northeast Auction attracted over 1,700 bidders and more than 90,000 guests, a Barrett-Jackson record for a three-day event.
“It was incredible to witness the electricity that filled our arena,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Not only did we make history by selling out of tickets within hours of opening day, we also filled our docket far ahead of the auction. The overwhelming reception for our Northeast Auction is a testament to the level of respect for Barrett-Jackson in the collector car community.”
For the first time in the company’s 45-year history, tickets sold out within hours after gates opened and the vehicle docket closed well in advance due to strong demand. The auction also shattered attendance records of any event at Mohegan Sun. The overwhelming response led to Barrett-Jackson’s most successful inaugural auction, generating total sales of more than $26 million, with 552 vehicles sold.
The top result at the 2016 Barrett-Jackson Mohegan Sun sale went to a 1969 Chevrolet Corvette L88 that sold for $624,800. The NCRS Top Flight and Bloomington Gold Certified Corvette is documented by the original Tank Sticker, a copy of the Window Sticker, owner’s manual and Protect-O-Plate.
Other notable results included a 1969 Ford Mustang Boss 429 Fastback that sold for $346,500, a 1970 Plymouth Hemi Superbird for $330,000 and a 1967 Ferrari 330 GT 2+2 that made $330,000.
Barrett-Jackson Northeast 2016 – Top Ten Auction Results
1. 1969 Chevrolet Corvette L88 (Lot #688) – $624,800
2. 1969 Ford Mustang Boss 429 Fastback (Lot #669) – $346,500
3. 1967 Ferrari 330 GT 2+2 (Lot #665.1) – $330,000
3. 1970 Plymouth Hemi Superbird (Lot #676) – $330,000
5. 2005 Ford GT Custom Coupe (Lot #643) – $253,000
6. 1998 Lamborghini Diablo SV (Lot #662) – $236,500
7. 1966 Ford Mustang Ringbrothers “Bailout” Fastback (Lot #632) – $225,500
8. 1968 Shelby GT500 KR Convertible (Lot #668) – $203,500
9. 1955 Chevrolet Bel Air Custom Convertible (Lot #652) – $192,500
10. 1967 Chevrolet Corvette 427-435 Roadster (Lot #677) – $187,000
Six charity cars were sold during the auction raising $605,000 with 100 percent of the proceeds benefiting charitable organizations. On Friday, the 2016 Shelby GT-H concept/prototype sold for $150,000 to benefit the Carroll Shelby Foundation. Aaron Shelby, grandson of the late Carroll Shelby and longtime Barrett-Jackson supporter and fan, drove the rare vehicle onto the block.
Automobila sales also broke records for the inaugural Northeast Auction. A total of 346 automobilia lots were sold during the three-day event with sales totaling $755,000, Barrett-Jackson’s strongest automobilia sale outside of their Scottsdale auction.
The next 2016 Barrett-Jackson event is their 9th annual Las Vegas auction, scheduled for October 13-15 at the Mandalay Bay Resort and Casino. For more information, visit Barrett-Jackson.com.