Barrett-Jackson Palm Beach 2013

Barrett-Jackson Palm Beach 2013 – Auction Report

Barrett-Jackson, South Florida Fairgrounds, West Palm Beach, April 4-6, 2013

Report and photos by Rick Carey, Auction Editor

Even in the face of what some are regarding as a soft market in Barrett-Jackson’s sweet spot of $30-50,000 cars the 2013 Palm Beach Barrett-Jackson Collector Car Event produced excellent results, their best at this venue since 2010.

In the wake of a successful auction, let’s take a minute to reflect on Barrett-Jackson’s charitable component, an important aspect of the sense of community that B-J promotes among collectors.

At Palm Beach this year they sold seven cars for charity (OK, it’s really six cars and a high-zoot ‘Rolltisserie’ barbecue trailer that squeezed $80,000 out of bidders’ generosity.) They brought a total of $1,780,000 – mostly from the donation by General Motors of the first retail build 2014 C7 Corvette Convertible which brought a nice, round, million dollars. Chrysler added CEO Sergio Marchionne’s custom Challenger SRT8 392 (at $175,000) and the Ford F-150 King Ranch Super Crew Cab pickup used by George W. Bush at his Crawford, Texas ranch captured another $350,000.

There are plenty of (it should probably be ‘most’) charity events that work years and years to raise this much money for charity. Barrett-Jackson does it in three days.

The beneficiaries are diverse, including the National Guard Youth Foundation (Dubbya’s Ford), The Darrell Gwynn Foundation, the Barbara Ann Karmanos Cancer Institute (the Corvette), the Austin Hatcher Foundation, Sheriff’s Ranches Enterprises and the United Way of Southeastern Michigan (Sergio’s Challenger).

It is an amazing outpouring of generosity that Barrett-Jackson is able to maintain from auction-to-auction-to-auction and a community-building exercise that feeds upon itself.

8.6% of Barrett-Jackson’s total Palm Beach transactions were commission-free direct contributions to charity. That is amazing.

B-J Palm Beach
Cars Offered / Cars Sold
Sale %
Average Sale
Median Sale
Total Sales
2013
431 / 424
98.4%
$48,583
$36,300 [74.7%]
$20,599,268
2012
435 / 433
99.5%
$41,001
$31,900 [77.8%]
$17,753,245
2011
429 / 375
87.4%
$39,400
$29,700 [75.4%]
$14,774,875
2010
464 / 464
100%
$47,671
$37,510 [78.7%]
$22,119,259

Barrett-Jackson Palm Beach 2013 – Auction Report

1972 Opel GT Coupe
Lot # 12 1972 Opel GT Coupe; S/N 772695337; Yellow/Black; Visually maintained, largely original, 3- condition; Hammered Sold at $5,500 plus commission of 10.00%; Final Price $6,050. No Reserve – Silver steel wheels, trim rings, Remington radial tires, CD stereo, A/C – Sound but aged and used. Strange but probably correct A/C installation with Frigidaire compressor and console ducts. Pitted rear window trim, sound paint with some visible body repairs. – To say the Opel GT is a rarely seen car at auction is something of an understatement, but when they do show up they’re rarely in as good condition as this, or have A/C. A sound and largely unmolested example, this is a fair result for both the buyer and the seller.
1955 Nash Statesman Super 4-Dr. Sedan
Lot # 14 1955 Nash Statesman Super 4-Dr. Sedan; S/N K638184; Beige, White roof/Blue vinyl, cloth; Cosmetic restoration, 3 condition; Hammered Sold at $8,500 plus commission of 10.00%; Final Price $9,350. No Reserve – Hubcaps, trim rings, narrow whitewalls, heater, no radio, Hide-a-Bed seats, overdrive 3-speed, 196 inline six, window air cooler – Sound but unattractive old repaint over old paint, good major chrome but failing on trim bits. Good interior. Underbody repainted over old undercoat. An unusual car that got a quick old cosmetic redo that shows age but little use. – Solid, if somewhat erratic, but no one is going to expect much more of a Nash Statesman. As long as it doesn’t get much worse it’s a fun car that fully deserves the adjective ‘funky’ and will be an enjoyable weekend driver. Just don’t let your son take it on a date. It sends the wrong message to his girlfriend’s family.
1970 Ford Torino GT 2-Dr. Coupe
Lot # 34 1970 Ford Torino GT 2-Dr. Coupe; S/N 0A35H125610; Yellow/Black vinyl; Visually maintained, largely original, 4+ condition; Hammered Sold at $10,500 plus commission of 10.00%; Final Price $11,550. No Reserve – 351/250hp bored 30 over and slightly modified, 3-speed replaced by a floor shift 4-speed, factory A/C (not working), Magnum wheels, trim rings, P/S – An unattractive, aged, neglected and moderately grubby car. Filthy gauges, grungy windshield comers, repainted underbody over peeling undercoat. Pitted trim chrome sander scratched during repaint. There is little good to say about this car. – An unattractive car with more money spent on the engine and the 4-speed upgrade than on cosmetics or cleanup. Its grubbiness hints at the neglect it’s seen and doesn’t promise any pleasant surprises. The seller should be very happy to get this much for it.
1968 Chevrolet Camaro
Lot # 68 1968 Chevrolet Camaro 2-Dr. Hardtop; S/N 124378N441994; Tripoli Turquoise, Black vinyl roof/Turquoise vinyl; Visually maintained, largely original, 3+ condition; Hammered Sold at $24,000 plus commission of 10.00%; Final Price $26,400. No Reserve – Powerglide, pushbutton radio, console, Audiovox FM converter, Rally wheels with trim rings, narrow whitewalls, rear deck spoiler – A reassuring 2-owner car with some paintwork but otherwise a clean, original survivor that looks like it’s had a good life. 47,594 miles from new according to the owner. – Viewed after the sale, locked up and no way to view the engine. Could be a V-8, could be a six. Either way it is a promising, largely original car that brought a generous price.
1886 Benz Replica Patent Motorwagen
Lot # 72.1 1886 Benz Replica Patent Motorwagen; S/N R008; Black, Wood/Black; Non-factory replica, 2 condition; Hammered Sold at $34,500 plus commission of 10.00%; Final Price $37,950. – Made in Vietnam and not up to the standards of the M-B apprenticeship or Bentley Engineering 100th anniversary Patent Motorwagen replicas but pretty enough for garage art. – Since most of these Patent Motorwagen replicas never go anywhere except on a trailer the reportedly sketchy mechanical standards of this Southeast Asian replica aren’t much of a consideration. It’ll look good in a garage, or even better in a Mercedes-Benz dealer’s showroom.
1982 Ferrari 400i 2-Dr. Sedan
Lot # 74 1982 Ferrari 400i 2-Dr. Sedan; S/N 39425; Dark Blue/Beige leather; Visually maintained, largely original, 3- condition; Hammered Sold at $25,000 plus commission of 10.00%; Final Price $27,500. No Reserve – Ferrari of Houston grey market tag. 5-speed, Blaupunkt Portland cassette, A/C, Ferrari 5-spoke, 5-bolt wheels and TRX tires – Passenger’s door mirror missing. Chipped, flawed and erratically masked old repaint. Surface creased and cracked original upholstery. Said to be 28,017 miles from new, but more likely since the U.S. odometer was installed. Aged and dirty underhood. – The 400 is one of the last ways to acquire a front-engined V-12 Ferrari from the Enzo era at a reasonable cost and 5-speeds are rare. An expensive car to own, but rewarding to drive, or just to show off with. The result here is appropriate for the condition of the paint and interior.
1981 Morgan Plus 8 Roadster
Lot # 85 1981 Morgan Plus 8 Roadster; S/N R9021; Cream, Maroon fenders/Maroon leather; Visually maintained, largely original, 3 condition; Hammered Sold at $24,000 plus commission of 10.00%; Final Price $26,400. No Reserve – 3.5 Liter Rover V-8 with turbocharger, 5-speed, propane fuel. Matte Dark Grey alloy wheels, driving lights, rear-mounted spare, blackwall tires – A mostly original car with decent paint, aged chrome and a sound interior. – Imported to the US by Isis Imports in San Francisco, the Plus 8 is a Morgan anomaly. They had to be converted to run on propane (like a forklift) here to meet US emissions standards. The Brit Plus 8 reportedly made 185hp on petrol and to get close here in the US a turbocharger stuffed more BTU-lite propane into the cylinders and developed something like 200hp. That’s all a quibble, because the sound of a V-8’s burble following a Morgan down the street is intoxicating and the performance of 200hp in a 1,900 pound Morgan is an adrenaline pump. This isn’t the best example in the world, but it is way better than the price it brought and a real value for the dealer who snapped it up.
1964 Ford Falcon Convertible
Lot # 338 1964 Ford Falcon Convertible; S/N 4H15F103410; Red/Red vinyl; White vinyl top; Visually maintained, largely original, 3+ condition; Hammered Sold at $19,500 plus commission of 10.00%; Final Price $21,450. No Reserve – 260/164hp, automatic, Vintage A/C, wire wheel covers, narrow whitewalls, pushbutton radio, power top – Just a car, but a nice little driver with decent cosmetics and eye-appeal. Underbody painted over old undercoat. A fun, economical weekend driver. – A regular here in Palm Beach, sold for $19,360 in 2010 and $18,700 in 2012. The seller did well to break even (after entry fee and commission) after a year’s use but only 51 more miles on the odometer since 2010. The buyer didn’t do badly with a fun weekend driver at a modest price. Like an early Mustang, Falcon convertibles like this are reliable cars with low maintenance and – as so well demonstrated here – steady values. It would be hard to find a better entry level collector car.
1960 Austin-Healey Sprite Roadster
Lot # 341 1960 Austin-Healey Sprite Roadster; S/N 33072; BRGreen/Black leatherette; Black top; Modified restoration, 3+ condition; Hammered Sold at $18,500 plus commission of 10.00%; Final Price $20,350. No Reserve – Minator 8-spoke alloy wheels, Goodyear radial blackwall tires, Mountney woodrim steering wheel, 1275cc engine, disc brakes, aluminum flywheel and radiator, alternator – Upgraded during a cosmetic restoration but more attention could have paid to details like the scratched windshield frame. Underbody got quickly shot. Appears orderly but done for performance, not appearance. – The performance modifications must have found a ready audience here in Palm Beach to bring this much. It’s a good example of the occasional beneficial effect of performance modifications enhancing value in an otherwise anemic automobile. The modifications were clearly spelled out on the car card, so the buyer and underbidders were fully informed and bought with intent.

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Show Comments (3)

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  1. Hey Rick….enjoyed your report….there was a 1963 Chevy II Nova convertible sold and I’d like to contact the person who bought the car and I have no idea how to….any help poimting me in the right direction would be greatly appreciated….lee

  2. Lee,
    The only way to do that is to contact Barrett-Jackson. They’ll probably ask you, “Why?”
    Then they’ll contact the buyer and give him your contact information so he/she can call you.
    It’s a little convoluted, but if you were the buyer you’d probably want your privacy protected, and B-J (or any other auction company) doesn’t want to disclose their clients’ identities.
    Good luck.
    Rick