Even under “normal” situations a car auction company would be ecstatic with a 90% sell through rate. Worldwide Auctioneers must be over the moon to reach that level at their recent Auburn auction.
Yes folks, Worldwide Auctioneers concluded their 13th annual Auburn Auction in Indiana during the 2020 Labor Day Weekend, with 90% of consignments finding new homes. Given the complexity of arranging bids and the fiscal times we are in, that is phenomenal!
Worldwide Sold a 1935 Auburn
As expected at an Auburn auction, an Auburn Speedster set the bar. High sale went to a meticulously restored and multiple award winning 1935 Auburn 851 SC Boattail Speedster with body design by Gordon Buehig and a supercharged engine with a top speed of 100 mph. It sold for $1,072,500. (Like always all prices include the buyer’s premium)
Rick Dore’s Shangri-La
But we fell in love with the sweeping majestic custom that famed customizer Rick Dore built. This beauty was a one-off 1936 Cadillac “Shangri-La” Custom Roadster. It featured a hand-formed aluminum body fabricated by the famous Marcel Custom Metal workers on a short 116 wheelbase. The roof comes off to allow for a roadster look to this lady in Indian Inkwell Blue. It sold for a sweet $550,000.
Another car that we loved was a 1966 Chevelle Pro Street. The paintwork was on point and the attention to detail was as expected, top notch. The Chevy was badged as an SS with a 496 engine and came with a two speed Powerglide. It was strip ready with a roll cage and sold for $41,800.
A fantastic Model A 1932 Ford was not the typical “Auburn auction” but sure caught our eye. So did the 400 cubic inch engine matched to a 700R4 automatic transmission. Suicide doors and a striking paintjob with pinstriping helped collect $49,500 from the winning bidder.
Worldwide Auctioneers Outcome
The Auburn Auction finalized at nearly $8 million in total sales. Presented as both a live and online event, the Auburn Auction offered options for every controlled health level, with onsite bidding, online bidding available via three different online partner platforms, and absentee and telephone bidding available to pre-registered, qualified buyers.
We enjoyed their January, 2020 auction in Tempe, AZ during all the Phoenix area auctions. Here’s hoping that “regular” auctions return to the scene soon with Worldwide Auctioneers leading the way.
Photos courtesy of Worldwide Auctioneers.