Showing posts with label auction. Show all posts
Showing posts with label auction. Show all posts

Saturday, April 6, 2013

Where the rich white men go


It's spring in Palm Beach again and just as has happened for the previous decade Barrett Jackson's parade of rolling dreams is underway. 

The differences between the Scottsdale and Florida events are minimal but noticeable.  For one thing, you're not going to see any 4.2 million dollar original Batmobiles roll under the palm trees.  This is an auction more in line with the well heeled collector looking for a sharp daily driver than a 1 of 1 rarity.

Oh, the feature cars are there but they're mixed in with somebody's 10 year old cast off Mercedes 500 SL.  You don't see as many of the heavy hitter bidders at this auction either mostly because the pickings aren't as choice.  That 70 Challenger RT is more likely to be a one-off custom than a build sheet matching original. 
You do see more examples of Lamborghini's, Ferrari's and the like mostly due to their popularity in the region and of course the concentration of wealth on the Right coast.  The mix of offerings reflects a different attitude toward collectible automobiles in the region. 

Where a 60's muscle car may bring six figures at Scottsdale the same car could bring much less at the spring event.  A smaller consignment pool and more variety has a lot to do with it.  At Scottsdale a featured original Hemi 'Cuda will likely have at least a dozen other customs that will benefit from a strong sale. 

If it's stuck between a couple of Lamborghini's and Charity customs it will likely suffer unless it's got a very strong provenance.  In other words the buyers have to know about it before it ever goes on sale. 

Jet powered Semi Trucks  aside, the offerings tend to be more practical than whimsical.  Emotion plays a much smaller role and the prices reflect that.  In short, the event is probably your best bet for getting a reasonable price on a collector vehicle at a Barrett-Jackson auction.

Still, if you can stomach Speed channel's coverage of the event you'll notice many of the lots being  sold to the same buyers.  Most of which happen to be well heeled old white men that have made Craig Jackson a millionaire in the past 15+ years of his control of the auction.

If Scottsdale is the example of wretched excess and you want to find an example of what the 1% consider a discount store, the Palm Beach event is a good place to start.

    

Thursday, January 17, 2013

A lifestyle event, now with stereotypes!

Article originally published on Technorati as: A lifestyle event, now with stereotypes!

It's January in Scottsdale, Arizona and that huge traffic jam on the 101 freeway can only mean one thing, Barrett-Jackson's back With examples from classic to wild custom there's always something to drool over at this largest of the four Barrett-Jackson auctions. 

It's said to be "The" automotive event of the year that both collector's and wannabe's alike use to value their dreams.  Is that all original Hemi RoadRunner in your garage  a good investment or is it just another Satellite?  Barrett-Jackson will clear that up for you.

Since 1993 Speed Channel, now called just "Speed" and recently acquired by Fox networks has broadcast the event.  Each year a week's worth of coverage in the middle of January dominates the otherwise Nascar centric programming on the channel.  It offers a view into not only the cars but the lifestyle and people that surround them. 

Watch it for an hour and you notice that the "lifestyle" is populated by primarily affluent 50'ish white men.  None of which seem to have any compunction against throwing ridiculous sums of money at cars your parents probably couldn't wait to get rid of back in the day.  They call it an investment but it's dubious reasoning.  The collector car market is as fickle as Wall street.  It's more likely an attempt to recapture lost youth with a bit of braggadocio thrown in at their financial ability to try.
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Speed has always been good about staffing the event with veteran commentators from across motorsports.  Whether they've been covering Nascar or writing articles for Hot Rod there's sure to be at least one you can identify with.

Which makes a recent change to the event coverage perplexing.  Last year saw the addition of what can only be described as a "booth bunny" to the lineup.  I appreciate an attractive woman as much as the next guy but does shoehorning a stereotype from a bikini contest really add anything to the broadcast?

There's nothing wrong with female broadcasters so let's get that out of the way.  Speed's choice, however,  is little more than a foil for dumb blonde jokes.  Is there a dearth of female motorsports commentators versed in their subject? If this is the way motorsports views women I wouldn't blame them for staying away. 
Still, it's not as though Speed hasn't had access to female journalists at least familiar with motorsports.  Is it too much to ask to not perpetuate a stereotype?  It's demeaning.  On Wednesday night's broadcast for example,April Rose (of Maxim fame) was seated in a driving simulator and actually said,

"They should make one of these for women drivers where everyone stayed far away" 

I hate Internet shorthand but...O M G ! 

She even did the hair flip thing! 

Gender equality set back 50 years in 20 seconds.  Were I an affluent woman considering the purchase of one of these shining examples of lost youth I'd likely have switched off Speed channel's coverage left the auction and headed across the street to Russo and Steele instead..

I'd like to say it was an isolated incident but unfortunately it was only one of many.  It's obvious that to the old white men in charge of Fox, she is the pinnacle of female broadcasting.  


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