Barrett-Jackson’s 4-day Palm Beach Auction brings in record-setting $39.4M in sales

Burt Reynolds exits a Pontiac Trans Am up for bid at Barrett-Jackson's 16th annual Palm Beach Auction. Photo courtesy of auction.

This year’s Barrett-Jackson Palm Beach Auction brought a total of $39.4 million in sales, as well as a record-breaking more than 700 new bidders.

Barrett-Jackson announced this week that along with selling a total of 692 vehicles that brought in more than $38.3 million, 380 pieces of automobilia and the sale of charity vehicles raised over $702,000, and $450,000, respectively, at its 16th annual four-day auction.

The 35th Anniversary Corvette, which has helped raise $550,000 as part of Barrett-Jackson’s year-long Driven Hearts charity initiative, sold for $200,000 to benefit the American Heart Association. The charity vehicle previously raised $350,000 in funds at a sale in Scottsdale, Ariz.

“Renowned philanthropists Jeanette and John Staluppi were the winning bidders, and generously donated the Corvette back to be sold at a future auction,” Barrett-Jackson explained in a news release.

Along with the three collections on display at the sale, including John Staluppi’s Cars of Dreams collection set, there were also international vehicle consignments from Brazil and Italy up for bid.

One-hundred and forty-five vehicles from the Cars of Dreams collection sold for $13.96 million.

“Our guests have made the Palm Beach Auction such an electrifying event year after year,” Craig Jackson, chairman and chief executive officer of Barrett-Jackson said in a news release. “We were especially honored to be trusted to auction three incredible collections, including the ‘Cars of Dreams’ owned by our good friends Jeanette and John Staluppi. Their 145 vehicles, which all sold at No Reserve, represented some of the finest examples of ’50s, ’60s and ’70s-era American cars.

“It was a pleasure working alongside John and Jeanette to find new homes for the vehicles in his remarkable collection, and we so appreciate their philanthropic support of our charity efforts over the years,” Jackson continued.

In addition to the record-breaking number of bidders in attendance, Burt Reynolds joined to sign autographs and encourage bidding for three Pontiac Trans Ams. He was joined by other notable guests including actor Alfie Wise, North Carolina Panthers head coach Ron Rivera, NASCAR legend Rick Hendrick and former NFL wide receiver Reggie Wayne.

The top three vehicles in the collection included a 2012 Lexus LFA Nurburgring Edition, a 1959 DeSoto Adventurer Convertible and a 1970 Plymouth Superbird, which sold for $770,000, $330,000 and $286,000, respectively.

“This year’s Palm Beach Auction is proof that it’s a golden age for car enthusiasts and collectors,” said Steve Davis, president of Barrett-Jackson. “We are so thankful for our guests who joined us in Florida and spread their enthusiasm for this great hobby that we all love. We especially appreciate those who contributed to our efforts to raise money for charity. Together we raised $450,000 to help the American Heart Association and Camp Southern Ground move the needle on helping those they support.”

The 1959 DeSoto Adventurer Convertible, along with “Herbie”, a 1963 Volkswagen Beetle that sold for $128,700, were among serval vehicles from the Cars of Dreams collection to set auction sale world records, according to Barrett-Jackson.

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