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BARRETT-JACKSON’S numbers speak loudly, clearly, and through a bullhorn: The collector car market remains strong, and muscle cars are still a powerful element of that market. Their sales results of $207.6 million in January 2024 beats the auction house’s own 2022 record. With nine days of gavel action, more than 2,000 vehicles over the block, 350,000 people through the gate over the course of the week, a 100-percent sell-through rate thanks to everything rolling over the block at no reserve, money donated to charity through auction sales, record quantities of petroliana, and lots of TV viewers at home watching on the FYI channel, all seems well. The house claims 190 world-record prices were set during the event — some auctions in town had less than half that number of cars on their docket, in total.
All of the Top Ten cars cracked the million-dollar threshold, although the biggest American performance car sale was a delivery-mileage 2019 Ford GT, which realized $1.375 million; an LS3-powered ’67 Corvette convertible restomod also sold for $1.1 million. We.