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US Marshals Collector Car Auction In New Jersey

After a healthcare fraud scheme occurred in Lodi, New Jersey, the U.S. Marshals decided to auction off nine extremely valuable collector cars that had all been seized in the process.

This auction was stripped down without the fanfare like a typical classic or collector car auction. Many of the nine muscle cars, including a Camaro, a Nova, and a Chevelle coupe all from 1969, sold for over $250,000 each. The grand total from the sale reached almost $2.5 million.

Also included in the sale were a 1970 Plymouth Superbird with a 426 Hemi, a 1967 Shelby Mustang GT 500, and a 1971 Plymouth Hemi Cuda, among others. It isn’t unusual for the U.S. Marshals to auction off valuables, but there has never before been a sale of this magnitude in their warehouse, and if the economy continues to improve, hopefully owners won’t be losing their classics to financial troubles any longer. To read more about the auction, you can check out the full article in the New York Times.

Were you able to snag a bargain at a car auction recently? Get an instant collector car insurance quote on your classic. Whether your car is mid-restoration, a completed project, or in original condition, call the customer service specialists at Classic Auto Insurance at 888-901-1338.
Posted: 10/3/2014 9:00:00 AM with 0 comments

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