Power and Race

A powersports and auto racing community.

Some Noteworthy Sales and Non-Sales at the 2017 Amelia Island Auctions
Facebook Tweet Google+ Pinterest Email More Sharing Options

Some Noteworthy Sales and Non-Sales at the 2017 Amelia Island Auctions

The auctions for collectible automobiles in Amelia Island have continued to surprise everyone throughout the week, with the unpredictable weather hindering the process of analyzing the results. The overall sales amounted to $121.3 million, which is a drop from the $140 million sold last year. However, it is difficult to draw any conclusions from this, bearing in mind that the weather prevented the crowds from participating in the events.

According to Hagerty, the average sales price was seen at $332,345, which was a significant dip when compared to the figure of $420,551 recorded in 2016. This information is may not be very useful due to the many different factors that affected the sale and the weekend.

Besides the weather, the sale this year did not involve a Ferrari 250 GT California Spyder. During last year's sale, one similar car went for $17.2 million, which almost covers the shortfall of the whole 2017 auction in comparison to 2016. Neither did the sales in 2017 have a collection as important as Jerry Seinfeld’s Porsche collection which was auctioned for $22.2 million in 2016.

In 2017, the average sales price fell for multiple reasons, but due to lack of sales activity in the over $10 million premium band, a lot of the iconic cars failing to get buyers and cars auctioned beyond $2 million was considerably rare. Instead of trying to explain how the auction went in detail, we have assembled a few of the most noteworthy sales and non-sales, and included a few that we fancied.

Jaguar XKS (1957)- No sale

We have previously written about this car exhaustively. It is one of only 16 ever designed , including 9 continuation models. It was anticipated that it would go for between 13 million and 16 million dollars, but it appears to have missed the reserve price by only $100,000.

Ferrari 166 MM Barchetta (1950)- No sale

This 1950 Ferrari 166 Barchetta was the 27th out of 32 Ferrari MM’s made and the 23rd out of 25 Barchettas. The car was owned by Eugenio Castellotti, who would go on to become a Scuderia Ferrari driver. The car was projected to sell for between $8 million and $10 million, but it did not succeed in meeting the reserve price.

Ferrari La Ferrari (2015)-No sale

The odometer on this car reads less than 130 miles and it came with options worth $124,000 which included carbon fiber dashboard, fog lamp, mirrors, wheel caps, upper and lower body areas and the unique roof panel. Offered with an estimated price of between $3.8 million and 4.5 million, bidding must have come quite close to the reserve price, but did not attain it.

Maserati A6G/54 Coupe Series III (1956) by Frua

This car by Frua is the only existing illustration of two coupes made by Frua on the chassis of the series III and it was shown at the Turin Auto Salon in 1956. It was one of only 22 bodies built by Frua and 65 of overall examples made. In the 2014 Concours d’Elegance at Pebble Beach, it won in its class. The car was auctioned for $2,365,000.

Aston Martin DB Mk II (1949)

Projected to be auctioned for between 1.5 and 2.25 million dollars, this car signified the launch of the DB lineage. Lance Macklin raced using the car and David Brown made it his personal car. It was sold for $1,540,000.

Lancia Astura Cabriolet Series III (1936)

This 1936 car built by Pinin Farina went for $2,145,000. It was shown in the 1936 Milano Motor Show by its builder and it was exhibited at the inaugural edition of San Remo’s Concorso d’Eleganza in the month of May 1937. 

Yes! Send me a full color racing trailer brochure from Haulmark.

Thanks! Your full color brochure will be on its way soon.

Leave a Comment

Explore

Connect with Power and Race

Sign Up to Vote!

10 second sign-up with Facebook or Google

Already a member? Log in to vote.