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AUTOS: Auction Results From Palm Beach
Barrett-Jackson's Saturday sale hits some significant high notes and raises more than $1 million for charity.
Bob Golfen  |  Posted April 08, 2012   West Palm Beach, FLA
An ultra-rare Dutch supercar, a 2010 Spyker C8 Spyder, sped up to a $220,000 sale, including bidder fee.
Saturday’s prime-time action at Barrett-Jackson’s Palm Beach collector-car auction was dominated by the resounded charity sale of a 2011 Shelby GT500, which raised $950,000 for Wounded Warriors Family Support and was far and away the top-selling car at the auction.

This was a classic Barrett-Jackson moment, with patriotic cheering ringing through the South Florida auction arena as the first winning bidder at $500,000 donated the car back to be sold again for $450,000 to another winner. At Palm Beach, the auction raised well over a million dollars for a number of charities.

An essentially new exotic supercar from Holland, a Spyker C8 Spyder from the Rick Hendrick collection, was the non-charity sales leader for the auction with a result of $220,000, including buyer’s fee.

A nicely restored 1959 Porsche 356A Convertible D was a solid sale at $148,500, with fee. (Photo: Tom Jensen)
All final prices include the 10 percent buyer fee, except for charity sales in which fees are waived by Barrett-Jackson.

Another Hendrick car, a terrific 1959 Corvette resto-mod treated to a full cadre of performance upgrades with a stock appearance, reached $203,500.

Porsche fans were treated to the sale of a lovely 356A Convertible D at $148,500, while Austin-Healey prices remained solid with the $132,000 sale of a 1967 3000 BJ8, lavishly restored by marque specialist Kurt Tanner.

Final results for the 10th annual Palm Beach auction have not yet been released by Barrett-Jackson, but Saturday sales seemed strong after a total of $5.29 million for the first two days of the three-day auction. The South Florida Fairgrounds auction site was packed for the Saturday sale, with the crowd standing shoulder-to-shoulder inside the broad auction building.

Of the few reserve sales at the auction, two cars failed to reach the asking price on Saturday: a 1966 Shelby GT350 that failed to sell at $135,000 and a 1948 Cadillac Series 62 custom convertible that was a no sale at $75,000.

Some other results:

• A 1954 Buick Skylark convertible that was one of the Palm Beach auction catalog cover cars, reached $129,800. A gorgeous example of a rare car from the Riley Hogan collection and sitting on a set of original Kelsey-Hayes wire wheels, this one went kind of cheap.

“They are expensive to restore, and they were expensive when they were new,” auction CEO Craig Jackson said during the bidding. “This is a buy.”

The other catalog cover car, an over-the-top period-style custom 1957 Ford Skyliner, also sold for a bargain price at $79,200.
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Bob Golfen

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