The first act in the international collector car auction circus, the Arizona sales serve as a barometer for the market moving forward into the new year. Despite some strong headline results and an abundance of record prices achieved in 2016, there were lessons to be learned by the auction houses. We’ve pored through the catalogue for the RM Sotheby’s Arizona sale, in which some obvious patterns emerged.
Before we begin, here’s a quick note on the current ‘easing’ landscape of the collector car market from Stu Carpenter of Copley Motorcars in Massachusetts, which nicely reflects the fact these aren’t investment tips, and remind us that there are many non-financial returns to be had. “I think the market has become tired over the last six years,” he explains. “A lot of cars were being sold just because they were available, with little regard for how much the buyers loved them.
The Race Retro Competition Car Sale will take place at the Race Retro International Historic Motorsport Show 2017 at Stoneleigh Park, Coventry, CV8 2LZ (map/directions).
Viewing
The lots can be viewed at the following times:
Friday 24th February 2017 09:30 - 15:00
Bidding
The auction will take place as follows:
Friday 24th February 2017 15:00
Bidding at the auction can be done either in person by attending the sale, by telephone, by leaving a commission bid or live, online via Proxibid. Full details of registration requirements and a buying guide can be found on the Silverstone Auctions website (http://www.silverstoneauctions.com/buying).
IMPORTANT NOTE : Race Retro is a closed event and tickets will be required to enter. These are available from the following link:http://www.raceretro.com
For further information about The Race Retro Classic Car Sale, contact Silverstone Auctions on +44 (0)1926 691 141.
While spending quality time with your loved ones is by far the best thing about Christmas, the abundance of decadent food, cheesy music and forgettable films can take their toll. Fortunately, if you’ve got a Jensen Interceptor on the driveway, you can banish the holiday blues in an instant.