Russo and Steele's 2015 Newport Beach Collector Automobile Auction Achieves 71% Increase in Sales

    NEWPORT BEACH, CA, July 01, 2015 /24-7PressRelease/ -- Building on the foundation of results from Russo and Steele's 15th Anniversary kick-off celebration in Scottsdale in January, Newport Beach's outstanding selection of collector automobiles kept record numbers of bidders and spectators alike active and poised on their collective toes. With more than 400 vehicles crossing the auction block, there was no shortage of automotive eye candy. VIP guests included the likes of Barry Meguiar, Chip Foose and Paul Nassif to name a few. While the Russo and Steele team is still processing post sales, early numbers indicate excellent overall results of $7.2 million dollars in total sales- the company's best year in Orange County yet. This represents a total sales increase of 71% and nearly $3 million dollars over 2014's event totals. At the time of writing, the notable sales list for Newport Beach 2015 includes:

2005 Porsche Carrera GT - $840,000
2006 Ford GT - $337,700
2012 Lexus LFA - $335,000
1971 Maserati Ghibli - $226,600
1957 Porsche 356 T1 Cabriolet - $181,500
1954 Chevrolet Corvette Custom - $159,500
1966 Shelby GT350H - $137,500
1958 Fiat 750 Abarth - $136,640
1962 Chevrolet Corvette - $130,000
1964 Volkswagen Type II Dual Cab Transporter - $89,100

A thrilling experience on all levels, the Newport Beach auction has garnered amazing excitement and excellent results. Full results are available now online at www.russoandsteele.com. The Russo and Steele team are working diligently to build yet another outstanding selection of top-notch collector cars for the upcoming 2015 edition of their highly anticipated Monterey, California auction August 13th-15th, 2015. Consignments are now being accepted with a fast growing list that is sure to once again exceed expectations.

About Russo and Steele Collector Automobile Auctions:
One of the nation's premier collector-car auction houses, Russo and Steele Collector Automobile Auctions continues to set records and attract a discerning global clientele. In addition to their reputation for offering stellar collector automobiles, their unique high-energy auction experience is simply unattainable anywhere else. Auctions include their signature event in Scottsdale, Arizona every January, followed by Newport Beach, California every June and Monterey, California every August. For additional information, please visit www.russoandsteele.com. Connect on Facebook, by visiting www.facebook.com/russoandsteele.

# # #