On the third day at Amelia Island, the best of the best are on display!
The final day for the spring Amelia Island Concours is here. As Sunday is now in full swing, the award show is the main attraction, and you can watch it all right here now.
To recap so far, on Friday the Gooding & Company auction was a one-day event, then the RM Sotheby’s auctions started with their two-day auction on Friday afternoon, and then picked up again on Saturday morning. Russo and Steele also has a Friday auction. The sales on Friday ended with a $54.4 million, failing to surpass the sales from 2018 that totaled up to $77.2 million. The sell-through rate also drop from 77-percent to 67-percent this year. The sale price went from an average of $218,513 to $286,843 in 2019.
The RM Sotheby’s auctions continued with cars from the Youngtimer collection, and saw a record breaking sell of a black 1994 Toyota Supra Twin Turbo Targa that pulled in $176,300, far surpassing the $100,000 to $120,000 pre-sale estimate. Several other Japanese modern classics were prominently featured, like a 1996 Nissan 300ZX twin turbo car and 1993 Mazda RX-7 twin turbo car.
Russo and Steele ended their auction with a total of $3.7 million worth of bids, including that of a 1989 Porsche 911 Carrera Speedster that sold for a total of $181,500. The most expensive car that sold from the Gooding auction was a 1930 Packard 734 Speedster Runabout that sold for $1,765,000. The highest bid was auction for an Otis Chandler 1979 Porsche 935, with a bid of $2 million that just wasn’t enough to bring the car home.
As Sunday features cars on display, the awards show will wrap up the event, as the coveted Best of Show award will be handed out soon.