Barrett Jackson Auction Results

Discussion in 'The Bench' started by cjp69, Jan 28, 2004.

  1. cjp69

    cjp69 Gold Level Contributor

    If you haven't seen the results of the auction yet, check here!

    George and I were just talking about the high prices paid for some of these cars, so check them out. Here are some of the Buick results:

    67 GS 400 - $24,600
    1968 GS - $16,000
    1969 Riv - $14,400
    1969 Skylark Conv. $8,600
    1973 Riv - $20,500

    I am not making those up!
     
  2. I wonder what condition the 68 GS was in? And 400 or 350?
     
  3. Leviathan

    Leviathan Inmate of the Month

    I watched 90% of it being sick and the real original and factory resto's were the ones bringing int he high dollars this year. I think they were far more selective about who could list this year, and what thier reserve is.
     
  4. Ken Mild

    Ken Mild King of 18 Year Resto's

  5. Ken Mild

    Ken Mild King of 18 Year Resto's

  6. Mike Trom

    Mike Trom Platinum Level Contributor

    I think those people got good money for their cars (68 GS and 69 Conv.) I would not even think about paying that much for those two examples...... Makes me kinda wonder what $ my GS would fetch at that auction...:shock:

    Did those cars run across the deck like the cars shown on TV?
     
  7. GS-XNR

    GS-XNR Well-Known Member

    From the description the 67 sounds like a real nice car. However, this car also sounds familiar. Was this the one that was on ebay 6 months ago or longer from Florida. I believe the auction was ended early. From what we see around here that would be a $15,000 (?) car. George, imagine what you 29,000 miler would have fetched this year.
    Harvey
     
  8. Ken, yeah it sits a little higher than I like, but looks ok. Lot of money for a non-original drive train. Looks like the owner replaced the fender emblems with "455".
     
  9. Grille looks like it has too many horizontals too, bet it's a Skylark grille.
     
  10. GSMAG

    GSMAG Well-Known Member

    I saw both of the cars Sunday after they went through the auction. The paint on both cars left a lot to be desired. The body work was shoddy and the finish was horribly textured. My apologies to anyone who has anything to do with either of them...they both looked terrible. The coupe was in better shape than the convertible. The convertible was reupholstered at some point with velour inserts. Nothing on the car looked original except it did have a GS grille, I took notice of that. Both cars fetched twice what I believe they may have been worth. B/J is a place for the rich to spend a lot of money. They did it in fine fashion this weekend. I shudder to think of what my 87 GN would have fetched had I held onto it for three more months...

    The '73 Riv fetched a phenomenal price. Who would've thought a boat tail Riv would fetch that much?
     
  11. Gold72GS

    Gold72GS Wheelman

    The B-J auction is fun to watch but come on, there is no way some of those cars are worth even close to what they sold for! The "assistants" that egg on the bidders sometimes act like idiots! They badger the bidders and generally act stupid. I heard onr say " are you a man or a mouse ?" while trying to get this guy to bid like $300,000 dollars. And the announcers gace incorrect descriptions quite often. But like I said, it is fun to watch. Brian :cool:
     
  12. Yardley

    Yardley Club Jackass

    14 and 20 grand for a 69 and a 73 Riv????????????:eek2:

    I suppose those stupid buyers have never heard of the ROA!!!!!!

    Last year the founder of the ROA retired and liquidated his stash.

    He sold his 65 Riv GS 425 dual quad numbers matching pristine car for 15K!

    That 69 Riv was nothing! Bench seat. Not sure, but probably AM radio. Most certainly no rear-seat speaker.

    Man, there are some really stupid people out there.

    Every month the ROA has someone selling a car just like these 2 Rivs for under 8K.

    The Riv just doesn't go for these prices unless there is a bidding war on between uneducated dolts. jeez!

    PT Barnum was sooooo right...
     
  13. BadBrad

    BadBrad Got 4-speed?

    Couldn't have said it better myself Mike. Makes me rethink the potential value of mine for sure, at least in the proper venue.
     
  14. Gold72GS

    Gold72GS Wheelman

    Most of the bidders have deep pockets and they are sucked into the frenzy of the auction. I bet they could buy the same cars privately for a lot less! I will bet there is some buyer remorse going on after they come to their senses! Brian :eek2: :eek2:
     
  15. cjp69

    cjp69 Gold Level Contributor

    I would completely agree with you on that. I know when I was watching some of the "high dollar" cars on Saturday, and the bidding was getting crazy, the announcers were saying things like "the owner was hoping to get $125k, and now the bidding is at $180k"!!!!
     
  16. Mike Trom

    Mike Trom Platinum Level Contributor

    16K for a '68 GS Coupe with the wrong motor and a poor paint job..:eek2: I would be happy to get 16K in the open market for my numbers matching, fully documented, mostly original '68 GS400 Convertible.

    If I were to go to the Barrett Jackson auction with it I could start thowing some prodution figures around like 1 of x amount built with 8-track and so on to make it sound more desireable. The announcers seem to like that kinda of info, but the announcers were also amazed that the '56 chevy gas cap was hidden behind the tailight.... That must make the car worth an extra 40K....

    :Dou:
     
  17. buick72

    buick72 Well-Known Member

    Entertainment

    Hi..

    I had the opportunity to go to the BJ auction.

    It's a nice way to get away from the cold weather and look at some very nice (and some OK) cars.

    The quality is generally excellent..but like always, it's a 'buyer beware' deal.

    Unless you are just dabbling, you have to really know the cars, the engines, etc.

    I did see some fabulous restorations of 50's and 60's cars..they seemed to also go for more street rods this year than pure muscle cars.

    Early or late in the auction (Thursday or Sunday) were the times to get a 'bargain'..if your car of choice was there.

    I saw a '71 LeMans convertible (yeah, it's a Pontiac, but it was a one owner original) go through Sunady AM for $12K..I thought that was a pretty fair price.

    The emphasis is on Chevys..Chevelles, SS, lots of Corvettes..

    And yes, this is the premier auction..and gets the highest dollars!

    This is a good place to sell a car if that is your plan. Though you have to go to AZ and usually, ship the car out there.

    Oh, by the way, the prices shown include 8% that the seller pays..so the real auction prices that are bid are 8% less!

    Regards,

    Stanley
     
  18. GS-XNR

    GS-XNR Well-Known Member

    ...and also don't forget to deduct the seller's fees also. I believe it's 8% from each side. Not a bad day for financially for BJ.
     
  19. buick72

    buick72 Well-Known Member

    A ton of money

    Harvey..

    The Jacksons (Barret is long gone..) do very well..

    The buyers pay 8%.
    The sellers pay 6% or 8%.
    All bidders pay a $300 registration fee.
    All sellers pay a $200-$800 registration fee.
    All spectators pay $20-$25 per head, each day.
    All major sponsors pay tens of thousands for their spaces and advertising.

    The only thing you can do there for free is breathe the air and use the bathroom!

    So, yes, BJ does very well!

    Stanley
     
  20. flynbuick

    flynbuick Guest

    Plus it costs an even higher % on memorabilia sales or to bid on a car by telephone. Credit line must be in place. Used to cost more if there was a reserve. Cost more to have it run through the auction during prime time --the evenings. Costs extra to store your car under the tent in the field while waiting for the auction...... and on...and.... on
     

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