sold for only $150M and $176M respectively. I was surprised and somewhat disappointed. I thought that they would have brought more. Both were 1968 G.T.500 convertibles. Just curious as to what you guys thought. Is the market "correcting"? Thanks, Joe bright.
I didn't see it but I assuming they weren't KRs. The KR verts are consistently bring 75-100K more that regular GT 500 verts so that price is still high. Tim
M means millions - You mean K which means thousands The market is starting to correct itself - I got a call this morning telling me that a perfect 1965 GT 350 only sold for $ 275k at Russo late last night - that is down over 25k from the last 1965 GT 350 that sold at Russo just six months ago. Also that blue 1968 GT 500 CV that only sold for $ 135k at BJ last night shows that the market is coming down. That was a 4 speed A/C car - you can get no better then that and at 135k that was (or used to be) fastback money (only).
"The Market" should not be considered auctions only. I agree auctions affect the overall market of a car but I think when people judge "The Market" as being the BJ/R&S auctions then they are not taking into account the other ways cars sell. In other words I wish 'the market" prices would be more comprised of private sales, ebay sales, dealer sales and auctions.
I got tired of sitting thru all the G.M. & Mopar cars, plus every 5 minutes there's 14 commercials you gotta deal with, could not stand it any more, & turned it off before 10 oclock, I hope today will be differant.---S.
Boycotting!!!!! Thursday night, a friend had a 66 Chevelle he restored, and then sold last year in a private sale go across the stage, and after waiting til about 10:40pm, Speed, aka The Nascar Channel, went to commercial just as the sale of the car previously in line ended! He said his wife was more pissed than he was, after having to sit thru 3 hours. All I have to see is that smug as hell Jackson wearing his headset, that's enough to toss the sofa thru the Sony's screen....
.......was he and his wife their to sell the car or just be seen on camera? you also failed to mention how much the car sold for and what type of a profit was made for holding the car for a year? how about it??
Based on last 6-12 months auctions, I was a little surprised that the two Shelby's did not sell higher. However, I feel the price they did sell for were more "real" world like. The emotions at Barret-Jackson get people to spend a lot more than they would in calmer circumstances. robin
No, my friend sold the car to this auction selling individual last year (as I stated in my initial posting), who in turn took it to B-J to seek his fortune. My friend and his wife were sitting in their living room watching the auction to see how it did. He did a painstaking resto on the car, thusly was interested in how it did. It was a 66 big block Chevelle, lot#746. The car brought $54k at auction and this guy bought the car from my pal for $42.5 early last year. So after transport fees, paying that creep Jackson his commission, he didn't really make a lot of $$. Another friend of ours was in attendance and standing on the stage (no doubt to be on TV), said the car was given very little time under the lights, and that the owner hadn't even bothered to detail out the car, it wasn't spotless like many of them are when presented.
Anyone know what the black 69 BOSS 9 sold for at the Russo Steele auction 600,000 for the first 2007 Shelby!!!!
It was awesome! I walked in, turned on my TV and by chance the car was already at $500,000!!! Seeing Carroll Shelby and Edsel Ford together was a high point of my day!
