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Automotive Lifestyle
AUTOS: Rick Cole Joins Barrett-Jackson
Famed ‘Auctioneer to the Stars’ tasked with sourcing high-end collector cars and car collections for the Scottsdale auction company.
Barrett-Jackson CEO Craig Jackson (left) introduced Rick Cole at the Palm Beach auction. (Photo: Barrett-Jackson)
Barrett-Jackson has contracted collector-car legend Rick Cole to serve as an Automotive Specialist, the Scottsdale auction company announced live on SPEED during the recent Barrett-Jackson Palm Beach event.
Best known as the hobby’s “Auctioneer to the Stars,” Los Angeles-based Cole will utilize his vast experience in the auction arena to help Barrett-Jackson source consignments for collector cars and add his 35-plus years of expertise and knowledge to connect with owners of highly collectible automobiles and automobile collections. Cole will work hand-in-hand with Gary Bennett, vice president of consignments.
This won’t be Cole’s first encounter with Barrett-Jackson. In fact, he began his relationship with the auction company at the age of 16, when he befriended Tom Barrett and Russ Jackson.
“Russ and I would shovel gravel together to help keep dust off all the cars stored on a dirt lot,” Cole recalled. “The Jacksons have always been like family to me, but beyond family came respect for each other’s auction business. As my company grew successfully, Barrett-Jackson did as well; we’ve seen each other through a lot.”
Cole’s long history with collector-car auctions started in 1978 when he established Rick Cole Auctions. He held hundreds of successful annual auto auctions in Los Angeles, Newport Beach, Palm Springs and even originated the first collector-car auction during the famed Monterey auto week, selling more than 20,000 high-end and highly sought-after classic vehicles throughout his career.
In fact, long before million-dollar cars were considered an achievable dream, Cole sold more than a dozen vehicles for more than $1 million apiece and in 1988, Cole auctioned a Ferrari 250P racing car for a then unheard-of $2.8 million.
Cole has also helped obtain personal vehicles for such celebrities as Steve McQueen, Frank Sinatra, Robin Williams, Johnny Carson and Sylvester Stallone, among others. He’s also sold numerous television and movie cars, such as a James Bond DB-5 007 Aston Martin from the movie Goldfinger, a Batmobile built by George Barris, the 1937 Buick convertible featured in the final scene of Casablanca and the cream-colored 1953 Roadmaster from Rainman.
Eventually, Cole sold his auction company to RM Auctions, a company that to this day carries on the tradition of his famous Monterey Sports Car Auction.
“We couldn’t be more honored to have Rick join the Barrett-Jackson team,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Rick comes with a truly unique set of qualifications; those, combined with his decades of experience, will help to ensure that Barrett-Jackson will always provide buyers with the finest vehicles on the market.
“I’ve been associated with Rick for many years and not only is he a good friend, but he personifies what Barrett-Jackson is about: honesty, integrity and a commitment to the business; we welcome him to the team.”
Best known as the hobby’s “Auctioneer to the Stars,” Los Angeles-based Cole will utilize his vast experience in the auction arena to help Barrett-Jackson source consignments for collector cars and add his 35-plus years of expertise and knowledge to connect with owners of highly collectible automobiles and automobile collections. Cole will work hand-in-hand with Gary Bennett, vice president of consignments.
This won’t be Cole’s first encounter with Barrett-Jackson. In fact, he began his relationship with the auction company at the age of 16, when he befriended Tom Barrett and Russ Jackson.
“Russ and I would shovel gravel together to help keep dust off all the cars stored on a dirt lot,” Cole recalled. “The Jacksons have always been like family to me, but beyond family came respect for each other’s auction business. As my company grew successfully, Barrett-Jackson did as well; we’ve seen each other through a lot.”
Cole’s long history with collector-car auctions started in 1978 when he established Rick Cole Auctions. He held hundreds of successful annual auto auctions in Los Angeles, Newport Beach, Palm Springs and even originated the first collector-car auction during the famed Monterey auto week, selling more than 20,000 high-end and highly sought-after classic vehicles throughout his career.
In fact, long before million-dollar cars were considered an achievable dream, Cole sold more than a dozen vehicles for more than $1 million apiece and in 1988, Cole auctioned a Ferrari 250P racing car for a then unheard-of $2.8 million.
Cole has also helped obtain personal vehicles for such celebrities as Steve McQueen, Frank Sinatra, Robin Williams, Johnny Carson and Sylvester Stallone, among others. He’s also sold numerous television and movie cars, such as a James Bond DB-5 007 Aston Martin from the movie Goldfinger, a Batmobile built by George Barris, the 1937 Buick convertible featured in the final scene of Casablanca and the cream-colored 1953 Roadmaster from Rainman.
Eventually, Cole sold his auction company to RM Auctions, a company that to this day carries on the tradition of his famous Monterey Sports Car Auction.
“We couldn’t be more honored to have Rick join the Barrett-Jackson team,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Rick comes with a truly unique set of qualifications; those, combined with his decades of experience, will help to ensure that Barrett-Jackson will always provide buyers with the finest vehicles on the market.
“I’ve been associated with Rick for many years and not only is he a good friend, but he personifies what Barrett-Jackson is about: honesty, integrity and a commitment to the business; we welcome him to the team.”
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