Staluppi Collection Brings $13.96 Million at Barrett-Jackson’s 2018 Palm Beach Sale
145 Vehicles all sold at no reserve from “Cars of Dreams” collection
It was quite a payday for John Staluppi as he cashed out of his 145-car collection, housed in Palm Beach, Florida. The cars were part of Staluppi's "Cars of Dreams" museum, which went under the auction gavel this past weekend at Barrett-Jackson's annual Palm Beach sale, returning $13.96 million, an average of $96,276 per car.
Eight of the top 10 sales at the 2018 Barrett-Jackson Palm Beach auction were from the Staluppi Collection, including the second-highest sale of the event, a 1959 DeSoto Adventurer Convertible that sold for $330,000. Other notable cars from the collection included a 1970 Plymouth Superbird ($286,000), a 1957 Chevrolet Bel Air Custom Convertible ($275,000) and a 1959 Cadillac El Dorado Convertible ($231,000).
Staluppi's collection focused on American convertibles from the 1940s through 1960s, though several outliers could be found. For example, three microcars including a 1959 Autobianchi Bianchina ($37,400), a 1971 Fiat Jolly tribute car ($41,800), and a 1957 BMW Isetta ($57,200).
With his proceeds, Staluppi bought a 1988 Chevrolet Corvette 35th Anniversary edition for $200,000 with all money benefiting the American Heart Association. Staluppi then immediately donated the vehicle to Barrett-Jackson to be sold once again for charity in an upcoming sale.
"We were especially honored to be trusted to auction three incredible collections, including the 'Cars of Dreams' owned by our good friends Jeanette and John Staluppi," said Craig Jackson, chairman and CEO of Barrett-Jackson. "Their 145 vehicles, which all sold at no reserve, represented some of the finest examples of '50s, '60s, and '70s-era American cars."
Stay tuned to automobilemag.com for an upcoming full-length feature on the Staluppi collection.