Worldwide’s Labor Day Weekend sale had record crowds and over $25 million in cars sold

collector car
Perpetual Industries’ wholly owned subsidiary Worldwide Auctioneers had record crowds, selling over $25 million in cars, including a $3.3 million Duesenberg Model J. at their expanded Labor Day weekend sale in Auburn this year.

Read the full recap and view the results of The Auburn Auction.

Worldwide reminded collectors why Auburn, Indiana, is one of the most important auction destinations on the global calendar over Labor Day Weekend, presenting an expanded and revitalized three-day sale that pulled enthusiastic crowds in record numbers and delivered $25 million in sales at an 89% sell-through rate.

High sale fittingly went to the catalogue cover car, an ACD Club Certified 1929 Duesenberg Model J Convertible Coupe with original engine, body, chassis, and firewall, never before offered for public sale, that sold for $3.3 million in a packed and energized salesroom. A rare and exceptional 1955 Mercedes-Benz 300 SL “Gullwing” Coupe sold for $1,700,000.

“Auburn is where it all started, the birthplace of the classic car auction business, “said Rod Egan, Principal, and Chief Auctioneer.” We set out to pay homage to that heritage in the right way, to honor and uphold the tradition, while improving on the overall quality, look, and experience, and the results speak for themselves.”

The Auburn Auction ran from September 1-3 at Worldwide’s Auburn headquarters, a state-of-the-art 200,000-square-foot, climate-controlled facility on a 30-acre site that also played host to a curated marketplace of on-site automotive lifestyle vendors, car corral and swap meets that thronged with thousands more enthusiasts over the weekend. More than 300 of the best pre-war automobiles, sports cars, classics, race cars, and select American muscle cars crossed the block during the sale.
collector car sale
Next Up: the Scottsdale Auction, January 23, 2023.
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About Perpetual Industries

Perpetual Industries is an incubator for the development of new and innovative energy efficient technologies. We coordinate research and development activities aimed at supporting innovative ideas that have the potential to impact and advance a wide range of industries on a global scale..

Perpetual’s sophisticated network of experts and team of business people have access to a vast international network of contacts and resources that enable us to provide essential components needed to take an idea from the initial stage through to commercialization.

One of the key areas of focus in the company include research, development, and commercialization of new and innovative energy efficient products that incorporate our proprietary XYO Technology.  Another key area of focus is the implementation of environmentally friendly solutions for the blockchain industry.

Our goal is to advance and integrate green energy power sources such as solar, wind, and hydro into computer processing to lessen the environmental impact and cost of power consumed by miners in the fast emerging global decentralized Blockchain industry.

Perpetual Industries Inc.
5634 Opportunity Blvd, Unit F
Auburn, IN 46706

Ph: 702-707-9811
info@perpetualindustries.com

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