$53 Million Collected Over the Weekend for Vintage Cars

There are a lot of people in America who collect vintage cars as a passion and some of the collectible cars could also fetch a handsome amount in the retro car sales and auctions.
455Amelia Island Auctions
One of the popular places where you will be able to buy and sell retro cars is the auction at the Amelia Island. It is one of the most happening places as far as vintage cars are concerned and you will be able to find the best and the most antique cars on display during the auction. Every year, the Amelia Island auction brings in a lot of vintage car enthusiasts to the island and it is one of the most sought after collectible auctions in this island.
This Year’s Auction
This year there were two main auctions held at the Amelia Island Concours during the first fortnight weekend of March. A total of $53.8 had been collected for the vintage car auctions that had taken place this year at the Amelia Island. This is a sales figure that has been shared by Hagerty which is a collectible car insurer and valuation firm. Some of the leading manufacturer’s cars were on display during the vintage car auction at the Amelia Island like and there was no doubt that the hot favorite this time too was the retro 44Ferrari cars. Although the approximations at Amelia exceeded over $2 million, the accumulated collectors were devoting close attention to check if the late skyrocketing costs still have space to bleed, or kick out to be an unsustainable ripple. Despite its increasing prices, Ferrari vintage cars seem to be the one that most antique car collectors are looking to buy in most auctions and the story was not different at Amelia Island auction too.
Comparison To Last Year’s Sales
If you compare last year’s vintage car sales at Amelia Island to this year’s retro car sales, you will see that there is a dip in the car sales as last year’s haul was about $59.2 million. This year the Amelia Island auction could only fetch a total of $53 million which shows a sharp decline in the sales figures when compared to last year. The average prices of the vintage cars were more or less similar to what it was last year. There was no rise in the sales of cars this year as only fewer cars were sold when compared to last year’s sales figure.
456Cars Sold At Auction
The following are some of the popular cars sold in this edition of Amelia Island Auction:
1935 Duesenberg Model SJ Convertible Coupe by Walker-LaGrande sold at $4.51 million. This was the most priced car this auction.
1928 Bentley 4 1/2 Litre Semi-Le Mans Tourer which sold at $2.75 million was the car that fetched the second best price at the auction.
1966 Ferrari 275 GTB Long Nose Alloy model fetched a whooping $2.365 million at this year’s auction and was the third best selling car.
Some of the other popular vintage cars that got good value at the auction were 1929 Rolls-Royce Phantom I Derby Speedster, 1967 Ferrari 275 GTB/4, 1965 Ferrari 275 GTB by Scaglietti and 1952 Ferrari 225 Sport Berlinetta ‘Tuboscocca’ by Vignale among others.


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