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In every possible way, it’s been an extraordinary year. Records have been broken – mostly outside the auction tents – and for the right car interest remains as strong as ever.
Number of events
In 2016 we reported on 231 auction events in total, up from 207 in 2015.
Number of lots
This represented 34,122 auction lots; 24,742 sold and 9,380 that remained unsold. By comparison, in 2015; 21,604 cars sold, with 7,874 unsold.
Value of sales
A whopping $1,739,192,087 ($1.74 billion) was realised in sales, but this figure is lower than 2015 when we observed $1,868,554,326 in sales.
Top 10 marques by number of sales
There are a larger share of US based auctions in our database which somewhat accounts for the large number of US marques in the top 10 by sales. Over 5,537 Chevrolet’s sold at auction this year. Our database has almost 20k Chevrolet Corvette sales. Some of the more prestigious marques like Porsche, Jaguar and Ferrari still make the top 10 but less than 1000 of each were sold in total. The list remains almost unchanged compared to 2015.
Top 10 cars by sale value
|Car Year||Car Make||Car Model||Car Price|
|1957||FERRARI||335 SPORT SCAGLIETTI||$35,696,490.00|
|1939||ALFA ROMEO||8C 2900B LUNGO SPIDER||$19,800,000.00|
|1959||FERRARI||250 GT LWB CALIFORNIA SPIDER COMPETIZIONE||$18,150,000.00|
|1961||FERRARI||250 GT SWB CALIFORNIA SPIDER||$17,160,000.00|
|1962||SHELBY||COBRA 260 'CSX 2000'||$13,750,000.00|
|1960||FERRARI||250 GT SWB COMPETIZIONE||$13,500,000.00|
|1933||ALFA ROMEO||8C 2300 MONZA||$11,990,000.00|
|1932||BUGATTI||TYPE 55 ROADSTER||$10,400,000.00|
|1937||MERCEDES-BENZ||540K SPECIAL ROADSTER||$9,900,000.00|
Perhaps unsurprisingly the most expensive car sold at auction this year was a Ferrari - a 1957 335 Sport Scaglietti for $35.5 million. 4 of the top 10 sales by price were Ferrari’s. 9 or the top 10 sold for more than $10 million (number 10 a Mercedes-Benz 540K Special Roadster fell $100K short of hitting $10 million).
Preparing for 2017
In a little over three weeks time the first auction of 2017 will be held – Coys start proceedings with two auctions on January 14th. As always, we’ll be publishing all the sale results as they happen for your future research and reporting requires.
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