re: Barrett-Jackson car auction in Scottsdale this weekend

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People are estimating it all to go for around 50+ million

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Auction of classic cars in North Palm Beach brings in $11. 5 million for owner selling collection

The biggest price tag attached to a 1956 Cadillac convertible, which sold for $299,750 — a new record for a Cadillac convertible.

The second most valuable car was a 1968 Shelby Mustang GT 500 convertible. The hammer went down on a bid of $264,000. “It exceeded our estimates,” Christie said. “Mustangs always sell well.”

Both cars were estimated to be big-ticket items, but not as big as they proved to be. The estimates on both were $150,000-$200,000.

The big money came out for other items as well. A beautifully restored carousel, basically a one-of-a-kind piece, sold for $460,000. Other hot items: a 1958 Chevrolet Bel Air Impala Custom Hardtop Coupe, which went for $198,000; a 1967 Chevrolet Corvette 427/435 Roadster, which also went for $198,000; a large-scale Lionel Train Layout, which took in $103,500.

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