Cars
See the Million-Dollar Stars of the Scottsdale Classic Car Auctions
Next month, hundreds of six- and seven-figure cars—not to mention hundreds of more-affordable vintage jewels—will converge in Scottsdale, Ariz., for two days of public sales. Gooding & Co., Russo and Steele, RM Sotheby's, Bonham, and Barrett-Jackson are among the biggest players. Here are highlights of what's on offer.
The Jan. 20-21 auctions in Scottsdale, Ariz., are important because they set the tone for the higher-profile Amelia Island and Pebble Beach auctions that happen in the following months. The results in Arizona will indicate just how confident the most powerful global collectors are—especially with the specter of a new president and new economic policies looming large
"[A pending Trump presidency] has seemed to boost confidence," said David Gooding, head of Gooding & Co. auction house. "I think that certainly, our wealthiest clients are feeling like there are maybe tax benefits to them under the new administration. They will have lower taxes and perhaps more discretionary wealth to spend on things they want to buy—i.e., cars."