JLG AUTOCRIB PORSCHE COLLECTION AND PRESIDENT TRUMP’S FORMER FERRARI STEAL SPOTLIGHT AT AUCTIONS AMERICA’S $17.3 MILLION FORT LAUDERDALE SALE
· Auctions America achieves $17.3 million with strong new bidder interest at 15th annual Fort Lauderdale collector car sale
· Top ten list led by 1963 Mercedes-Benz 300SL Roadster at $1,200,000, along with 2007 Ferrari F430 F1 formerly owned by President Donald Trump at $270,000
· JLG Autocrib Porsche Collection achieves solid results across the board, reinforcing the power of ‘no reserve’
· Complete results available at www.auctionsamerica.com
· Auctions America continues its 2017 calendar with Auburn Spring, May 11 – 13 at Indiana’s historic Auburn Auction Park
FORT LAUDERDALE, Florida (April 4, 2017) – Auctions America celebrated 15 years in South Florida this past weekend (March 31 – April 2), by posting $17.3 million in total sales at its annual Fort Lauderdale event. Widely celebrated as South Florida’s premier collector car auction, the sale at the Greater Fort Lauderdale / Broward County Convention Center saw more than 400 quality vehicles and nearly 200 lots of automobilia cross the block, with 76 percent of all lots finding new homes. Reflecting Auctions America’s extensive client network and marketing reach, bidders hailed from 42 states and 11 countries.
“Our Fort Lauderdale event always provides a great kick off to our annual collector car season and this year’s event was no exception. We were thrilled to mark our 15th annual sale here in South Florida with solid prices across all segments and strong attendance,” says Donnie Gould, President, Auctions America. “High levels of new interest from enthusiasts and collectors was particularly encouraging, with 40 percent of bidders raising their paddles for the first time at an Auctions America event.”
The event’s top ten results demonstrate the market’s continuing appetite for high quality examples of the most iconic collector cars, as well as modern high performance vehicles. Topping the sales list was a beautifully restored 1963 Mercedes-Benz 300SL Roadster, gorgeous in its period correct Silver Grey Metallic over Red leather, which sold for a final $1,200,000. Rounding out the top three, a six-speed manual 2007 Ferrari 599 GTB realized $412,500, while a rare U.S.-specification late production 1990 Lamborghini LM002-A hit the top-end of its estimate at $299,750. Of course also worthy of mention is the 2007 Ferrari F430 F1 Coupe formerly owned by President Donald Trump, which attracted plenty of attention during the preview and was contested by multiple bidders in the room and on the phone during Saturday’s sale session. The car exchanged hands just minutes after it left the podium for a final $270,000, an impressive sum given similar versions of the model without the added provenance traditionally bring $125,000 - $175,000. The new owner will receive a copy of the original vehicle title bearing Trump’s New York City Trump Tower address and distinctive signature.
Another highlight of the weekend was the presentation of the much buzzed about JLG Autocrib Porsche Collection—a group of 26 influential Porsches and assorted memorabilia—which kicked off the three-day sale on a positive note on Friday. The result of four decades of meticulous acquisition by noted collectors Jack and Alice Gish, the collection crossed the block entirely without reserve, with strong prices achieved across the board. Headlining the collection was a restored 1955 Porsche 356 Speedster, which brought a strong $255,750, while a Butterscotch 1966 Porsche 911 Coupe garnered $97,350.
“Auctions America really got the job done: the results from the sale of our Porsche Collection exceeded our expectations and we couldn’t be happier with our experience. From Day 1, the Auctions America team’s car knowledge and logistical and marketing expertise was evident, and this, coupled with their smiling faces and warm customer service, reaffirmed we were in the right hands,” said Jack and Alice Gish following the sale.
“They made parting with the collection after so many years an easy and seamless process, but most importantly, memorable. From the car auction display through to the presentation on the block and the thoughtful way each vehicle was described, their attention to detail and commitment to delivering the very best results for a ‘no reserve’ collection was clear. We can confidently say that our choice to consign to Auctions America was a decision well made.”
Gould adds, “We were honored to be entrusted with the sale of the JLG Autocrib Collection at Fort Lauderdale. From the cars through to the extensive range of automobilia, the breadth of the collection drew great attention from the moment we announced its sale. The strong results achieved are further proof of the power of ‘no reserve’, as well as our team’s expertise in handling private collection sales from start to finish.”
Auctions America Fort Lauderdale 2017 – Top 10 Sales
1. Lot 557:
1963 Mercedes-Benz 300SL Roadster
2. Lot 554:
2007 Ferrari 599 GTB Fiorano (Manual)
3. Lot 496:
1990 Lamborghini LM002-A
4. Lot 552:
2005 Ford GT
5. Lot 569:
2007 Ferrari F430 F1 Coupe
6. Lot 225:
1955 Porsche 356 Speedster
7. Lot 549:
2011 Porsche Speedster
8. Lot 564:
1969 Ford Mustang Boss 429
9. Lot 566:
1966 Shelby GT 350H 'Hertz' Fastback
10. Lot 510:
1997 Lamborghini VT Roadster
Auctions America continues its 2017 calendar with Auburn Spring, May 11 – 13, at the historic Auburn Auction Park in Indiana. A spring tradition for enthusiasts across the country, the upcoming sale will lift the gavel on approximately 500 quality collector vehicles and assorted automobilia, as well as feature an onsite swap meet and car corral. Additionally, this year’s event will play host to the ‘Triple Crown’ Meet, an historic national gathering of two of the world’s oldest and grandest car clubs—The Antique Automobile Club of America, and the Classic Car Club of America. Auburn Spring represents the first time the two clubs have come together to host a joint national meet, making for an exceptionally special weekend for the collector car hobby.
For additional information on upcoming events or to view complete results from Auctions America’s 2017 Fort Lauderdale collector car auction, please visit www.auctionsamerica.com.
*Results are listed in USD and are inclusive of 10 percent buyer’s premium for automobiles and 15 percent for motorcycles and automobilia. Results include select post-sale transactions.