Auctions: Barrett-Jackson 2012: 1933 Pierce-Arrow sells for $2 million [UPDATE: w/video]

Filed under: Classics, Auctions

For the first time since 1973, a Pierce-Arrow Silver Arrow has gone up for auction. Just five of these historic machines were ever built, and only three are known to exist today. So, it's rare. But it's also fast. In 1933, when the Silver Arrow went on the market, its top speed of 115 miles per hour was extremely impressive.

So, when a Pierce-Arrow rolled down the block at the 2012 Barrett-Jackson auction in Scottsdale, there were plenty of eyes glued on the stage. And there were also bidders. Deep-pocketed bidders, in fact. Before the gavel fell, bidding quickly passed the million-dollar mark, with several interested parties.

The final bid came in at an even $2,000,000 and that means the final selling price was $2.2 million. Check out our live photo gallery of the 1933 Pierce-Arrow above and watch it cross the break on video after the break.

Continue reading Barrett-Jackson 2012: 1933 Pierce-Arrow sells for $2 million [UPDATE: w/video]

Barrett-Jackson 2012: 1933 Pierce-Arrow sells for $2 million [UPDATE: w/video] originally appeared on Autoblog on Sat, 21 Jan 2012 19:25:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2012/01/21/barrett-jackson-2012-1933-pierce-arrow-sells-for-2-million/

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