A few coveted Ferraris helped offset weakness in other models at a classic cars auction in Amelia Island, Fla., over the weekend.
The auction companies, including Gooding & Co. and RM Sotheby's, racked up a total of $134 million through the sales, held in conjunction with the Amelia Island Concours d'Elegance, according to Hagerty, a collectible-car insurance company.
The total topped last year's $115 million in sales, showing that while growth may be slowing for collectible-car prices, there was still strong demand for the highest quality vehicles.
The average sales price for a car jumped to $437,834 from last year's $324,466.
Granted, some of the results were mixed. Of the 468 cars being auctioned off, about a third failed to sell. Yet Gooding & Co. made total of $60.2 million in sales, while RM Sotheby's total was $38.7 million.