Barrett-Jackson has concluded its record-breaking inaugural Northeast Auction with a result of more than $26 million.
The three-day sale was completely sold out, with all tickets snapped up within hours of the gates opening, setting an attendance record for any event held at the Mohegan Sun resort.
With more than 550 vehicles sold, and a sell-through rate of 96%, it proved to be the most successful inaugural sale in Barrett-Jackson’s history.
"It was incredible to witness the electricity that filled our arena," said Craig Jackson, chairman and CEO of Barrett-Jackson. "Not only did we make history by selling out of tickets within hours of opening day, we also filled our docket far ahead of the auction. The overwhelming reception for our Northeast Auction is a testament to the level of respect for Barrett-Jackson in the collector car community."
Leading the results was an award-winning 1969 Chevrolet Corvette L88, recently restored by Bloomington Gold judge and L88 expert Tim Thorpe. Finished in Cortez Silver and featuring factory side exhausts, M22 ‘Rock Crusher’ 4-speed manual transmission and J50 power brakes, the car topped the sale at $624,800.
Further big sellers included a 1969 Ford Mustang Boss 429 Fastback which sold for $346,500; a 1967 Ferrari 330 GT 2+2 which sold for $330,000; a 1970 Plymouth HEMI Superbird which realized $330,000; and a 2005 Ford GT Custom Coupe which sold for $253,000.
Aside from American muscle cars, there were strong results for several European racers, most notably a 1967 Ferrari 330 GT 2+2 which sold for $330,000 and a 1998 Lamborghini Diablo SV which fetched $236,500.
The auction also raised $605,000 for charitable causes, with six cars crossing the block including the unique 2016 Shelby GT-H concept/prototype which sold for $150,000 to benefit the Carroll Shelby Foundation.
"Our inaugural Northeast Auction was a tremendous success," said Steve Davis, president of Barrett-Jackson. "We had a wonderful venue, an incredible docket of cars, great sponsors and an enthusiastic fan base – all of the things we needed to host a successful auction."
