Gavin Magor contributed to this report.Some might take it as a sign of depressed times that the car fetching the top price at the "no-reserve" Barrett-Jackson Palm Beach Collector Car Auction this month was a 1969 Chevrolet Camaro. But maybe the $500,000 that changed hands signals that times aren't as bad. Even with nameplates like Rolls-Royce, Bentley and Aston Martin available, American cars dominated the big-bucks side of the three-day event in Florida. Of the dozen cars receiving the highest bids, six were Chevys, including two Corvettes. Three were Fords ( F), joined by a California-assembled Ford-powered Shelby. An Oldsmobile 442 and an Indiana-built, V-12-powered 1934 Auburn 1250 Salon, once owned by actor James Cagney, rounded out the U.S. domination of the 12 highest-priced cars to cross the auction block.
|This 1969 Chevrolet Camaro RS/SS received a top bid of $500,000 at the Barrett-Jackson Classic Car Auction in Palm Beach, Florida.|