Market Intelligence
The American market is flourishing: Barrett-Jackson and Mecum confirm.
Two prestigious auctions, Barrett-Jackson and Mecum, reveal a thriving market for classic cars, marked by record sales and unexpected bargains.

Two big auctions, both with over 600 cars: Barrett-Jackson in Palm Beach, Florida from April 18 to 20, a place where in its "golden period" between 2006 and 2007 grossed between $30 and $35 million ($32 million in 2007). This year it grossed $45,198,805 with a similar number of cars. One can clearly say that the golden age is now.
Mecum in Houston, from April 4 to 6, offered more cars than Barrett-Jackson (962 versus 600). It auctioned off 712 cars with a significantly lower average price of $41,104 and $29,266,350 in total sales. It is fair to make a distinction: Barrett-Jackson organizes only four auctions a year, Mecum does roughly one a month and the one in Houston was not even among the most important ones.


