Hollywood history plays role in Russo and Steele Scottsdale success

This blue 1970 Boss 429 Mustang sold for $220,000.

This blue 1970 Boss 429 Mustang sold for $220,000.

The 14th annual Russo and Steele Scottsdale auction opened on Jan. 15 to magnificent weather and record attendance. As always, the collection was as diverse and eclectic as some of the attendees, this writer included.

At a glance, the top dollar cars were a 1966 early production Lamborghini for $742,000, a 1963 Tempest factory lightweight $335,000, and a 1964 Porsche 366 SC for $236,000, not including commissions.

Other six-figure sales worthy of note were a 2013  Dodge Viper GTS Sons of Italy charity cause that brought $236,000,  a 2008 Mercedes SLR sold at $308,000, and a Boss 429 1970 Mustang topped even all those “Shelbys” at $220,000.

 

Lee Marvin's 1968 Shelby GT 500KR sold for $150,000.

Lee Marvin’s 1968 Shelby GT 500KR sold for $150,000.

 

Hollywood history seemed to be a factor in several sales, notably John Wayne’s ulitarian 1966 IH Travelall hammered at $102,000 whilst Lee Marvin’s blue 1968 Shelby Mustang was bid to and sold at $150,000.

A total of 786 cars were reportedly offered, with over half at no reserve. Michelle Gothan, marketing director for Russo and Steele, is cautiously optimistic that the final tally will produce a sell through of 70+ %.

 

John Wayne's 1966 IH Travelall hammered at $102,000.

John Wayne’s 1966 IH Travelall hammered at $102,000.

1969 Shelby GT500 owned by Hertz went for 101,750.

1969 Shelby GT350 owned by Hertz went for $101,750.

This Model T sold for $9,000.

This Model T sold for $9,000.

1959 Dodge Custom Royal sold for $27,875, including commissions.

1959 Dodge Custom Royal sold for $27,875, including commissions.

1963 Stingray split window sold for $132,100, including commissions.

1963 Stingray split window sold for $132,100, including commissions.

2009 Super Snake Mustang sold for $181,630, including commissions.

2009 Super Snake Mustang sold for $181,630, including commissions.

 

Final results are expected soon on their website, and my full report will appear in an upcoming issue of Old Cars Weekly.

Charles H. Farley
Auction Reporter

 

 

 

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