Barrett-Jackson celebrated two decades of bringing it’s high-octane automotive lifestyle event to Palm Beach during its annual auction held at the South Florida Fairgrounds, April 13-15, 2023. 622 vehicles were sold at auction, all with No Reserve, for $43.6 million. Additionally, Barrett-Jackson sold 263 pieces of authentic automobilia for more than $745,000, bringing total auction sales to $44.4 million with a 100-percent sell-through rate and over 40 world-record auction sales. Top auction sales were led by a 2020 Ford GT Heritage Edition (Lot #740), which sold for $1,457,500.
“For 20 years we’ve called Palm Beach our second home and during that time we’ve created wonderful memories and celebrated countless milestones with our collector car family,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “This year continued that spectacular tradition with more than 600 collectible vehicles crossing the block, including several incredible collections, that all sold at No Reserve. Like our Scottsdale event, this year’s Palm Beach Auction demonstrated that the collector car hobby continues to be a vibrant marketplace where enthusiasts are snatching up the hottest vehicles. We look forward to seeing everyone in Las Vegas this June.”
The top 10 non-charity vehicles that sold during the 2023 Palm Beach Auction included:
- 2020 Ford GT Heritage Edition – $1,457,500
- 2020 Ford GT – $990,000
- 2005 Ford GT – $440,000
- 2018 Porsche 911 GT2 RS – $434,500
- 1962 Chevrolet Corvette Custom Convertible – $401,500
- 2019 Porsche Speedster – $396,000
- 2018 Rolls-Royce Phantom – $363,000
- 2018 Porsche 911 GT2 RS – $346,500
- 2017 Ferrari 488 Spider – $330,000
- 1965 Ferrari 212 Barchetta Roadster Re-Creation – $297,000
On Super Saturday, Barrett-Jackson sold two vehicles to benefit charity, raising a total of $1.3 million. The 2024 Chevrolet Corvette E-Ray 3LZ First Retail Production VIN 001 (Lot #3000) sold for $1.1 million, with 100 percent of the hammer price benefiting DonorsChoose. Michelle Mauzy, noted philanthropist and longtime member of the Barrett-Jackson family, donated an additional $50,000 to the nonprofit, bringing the total raised for DonorsChoose to $1.15 million.
One of only 45 built, Lee Iacocca’s 2009 Ford Mustang Iacocca 45th Anniversary Edition (Lot #3001) sold for $150,000 to benefit the Ellis Island Honors Society. The sale also included a painting of the car that was created during the three-day event. To date, Barrett-Jackson has helped raise over $153 million for charity.
“The 2023 Palm Beach Auction was the perfect way to celebrate two decades of bringing the automotive lifestyle to Florida’s Gold Coast,” said Steve Davis, president of Barrett-Jackson. “The diversity of the market and the passion that drives it are thriving in Palm Beach. Demand for everything from European supercars to amphicars was incredible. The crowd responded to our No Reserve docket, which was also filled with the finest Shelbys, classics, SUVs and muscle cars. Even during uncertain times on Wall Street, interest in collector cars continues to be strong and is attracting many new people to the hobby.”
Barrett-Jackson kicked off each day in Palm Beach with its automobilia auction, which featured 263 automobilia pieces that sold for more than $745,000. The top three automobilia pieces that sold during the Palm Beach Auction include:
Next up for Barrett-Jackson is the 2023 Las Vegas Auction, June 22-24, at the Las Vegas Convention Center.