Auction Report

Vicari Shines Through Storm

Biloxi Auction Sees High Attendance, Sales

Posted: October 14, 2016 12:36 pm
by John Nikas
Photo courtesy of Vicari Auctions.

The anticipated arrival of Hurricane Matthew must have caused concern among some in attendance at the Vicari Auction in Biloxi, Miss., this past weekend. But Stacie Harmon, the Louisiana-based auctioneer’s media director, says the threat had little impact on attendance.

“All of our regulars from Florida were there, and there were a lot of new people in the room who were more excited than we’ve ever seen, helping to make it a fun atmosphere,” said Harmon.

No doubt the influx of new blood helped propel total sales past the US $4,000,000 threshold, with a sell-through rate just under 53 percent. Leading the charge with a winning bid of US $183,000 was a 1969 Chevrolet Camaro COPO, the only one of its vintage provided with a matching blue interior for its iconic exterior color. A near doppelganger of this lot accounted for the highest bid no-sale of the weekend, a 1969 Camaro COPO that had covered only 21,000 miles from new and had been judged as 955 out of 1,000 points by the national club. At a US $155,000 high bid, the owner was right to hold on to it for a better offer.

Among the trio of high-end replicas offered for sale, only the Testa Rossa managed to sell. Titled as a 1982 Ferrari and sheathed in aluminum coachwork, it went to an ecstatic bidder for US $140,000 who was fortunate to come away with the Dino-powered roadster for so little.

At the other end of the spectrum, the 1988 Mercedes-Benz 300SLR clone, cloaked in a fiberglass shell, passed on after a US $60,000 high bid. Suffering the same fate, surprising for the car’s condition and provenance, the 1974 Porsche 911 that had been restored and owned by Porsche legend Dick Barbour was bid to US $47,000 before moving on.

With more than 100 lots still on sale this week, Vicari hopes to burnish its final tally even more. But there is no doubt this was one of the highlights of their annual calendar and an event we will continue to look forward to every year.

Photos courtesy of Vicari Auctions.

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