This 1958 Ferrari 250 GT LWB California Spider sold for $8.25 million at Gooding & Company's Scottsdale Auctions on Jan. 18 and 19, breaking records for both a steel LWB California Spider and is the most valuable car ever sold in Arizona auction week's history. (Image copyright and courtesy of Gooding & Company. Photo by Eric Fairchild.)

Gooding & Company’s Scottsdale auctions realize $52.5M

SCOTTSDALE, Ariz. —Gooding & Company, the auction house acclaimed for selling the world’s most significant and valuable collector cars, realized $52.5 million at its annual Scottsdale Auctions this weekend. The auction house sold 101 of 104 lots, resulting in a 97% sales rate and an impressive average price of $519,727 per car sold. With...

The record-setting 1960 Ferrari 250 GT SWB Berlinetta ‘Competizione’ (Eugene Robertson © 2013, courtesy RM Auctions)

RM Auctions realizes $36.4M at Arizona sale

PHOENIX – RM Auctions, the world’s largest collector car auction house for investment-quality automobiles, kicked off its 2013 auction season on a strong note Friday, Jan. 18, realizing an impressive $36.4 million in sales (including 10% buyer’s premium) with a strong 89 percent of all lots sold at its single-day Phoenix, Ariz., sale. Held...

One of our favorites at RM’s Arizona Biltmore sale was this 1953 Volkswagen selling for a strong $60,000 bid.

Scottsdale Scene: January 19, 2013 – Part 1

Our auction reporter Phil Skinner is reporting live from Arizona… giving you all the auction action on the Scottsdale Scene. Check daily for updates!   By Phil Skinner On Friday, the auction action was in full swing, all stops were pulled out and the dollars were flowing like water from a broken dam in...