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Traffic jam in the desert

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Khatir Soltani
It was a whole other story for Gooding, who for their second visit to Arizona presented 101 cars, including the collection of the late Ron VanKregten. Things went well there, and the affable auctioneer with the British accent managed to place 84 cars for a total of $32,442,950. A record for Gooding, with an average of $386,225 per car and the sale of seven vehicles at over a million dollars. The stars were Van Kregten's Ferrari 250 GT LWB California Spider at $4,950,000, a 1937 « Teardrop » Talbo-Lago T150C SS ($3,520,000) and a 1932 Daimler 40/50 Double Six Sport Saloon ($2,970,000).

The stars were Van Kregten's Ferrari 250 GT LWB California Spider at $4,950,000.

As for Russo and Steele, the economic slump seemed to permeate the sale with only 44% of the 597 cars changing hands, for a total of $17,527,120 (compared to 19.1 million in 2008). The stars of this show were a 1955 Mercedes-Benz 300SL coupe ($660,000), a 1964 Shelby Cobra 289 roadster ($495,000) and a 1970 Plymouth Hemi Cuda once belonging to Nicolas Cage ($440,000).

The Arizona event ended with Kruse (total sales of 4.6 million), Silver Auctions and ICA, three more modest houses that offered less valued but more affordable models.

Is the economic crisis affecting the vintage car market? Read the article by the same author at www.auto123.com.
photo:Alain Raymond
Khatir Soltani
Khatir Soltani
Automotive expert
  • Over 6 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada