duPont REGISTRY March 2020

Dear Reader,As many of you already know, the January Arizona auction extravaganza is over and the collector car marketplace is off to a grand start. However, it’s 2020 and you are going to need 20/20 vision in order to clearly understand the market. The results of the week-long (ten-day) frenzy are in and total dollars are reported to be off by approximately 3%,totaling around $244 million. But cars actually sold were up by over 12%. While this resulted in a downturn in the average sold price, the market is obviously still very, very active. Of the top cars actually sold from all auctions, Ferraris lead the way. Half of the top ten cars were the Ferrari marque. It should be noted that the number two car sold was offered by Barrett-Jackson. It was the first 2020 Chevrolet Corvette Stingray Coupe and crossed the block for $3 million. Proceeds were given to the Detroit Children’s Fund.Speaking of Barrett-Jackson, the duPont REGISTRY™ was front and center with a display of almost $2 milli