Saturday, January 21, 2012

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]

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.

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