The Finest Automobile Auctions to Debut at The Elegance at Hershey with Live Online Bidding via Proxibid; Brings New Approach to Collector Car Auctions

Mar 16, 2016, 11:34 ET from Proxibid

BEDFORD HILLS, N.Y., March 16, 2016 /PRNewswire/ -- The Finest Automobile Auctions, a new auction house focused on delivering the finest experience for collector car enthusiasts, and Proxibid, the world's most trusted way to connect buyers and sellers of highly valued items, have partnered to bring together some of the most sought-after collector cars available at auction with the most sophisticated online bidding solution to ensure collectors from across the globe can bid and buy with confidence. The Finest Automobile Auctions will make its live auction debut at The Elegance at Hershey, one of the most important Concours events of the season, on Saturday, June 11 at 1:00 pm Eastern. Live online bidding for this auction will be available via Proxibid.

"As the Chairman of the Board of the Elegance at Hershey, I am excited to announce our partnership with The Finest and their role as Title Sponsor.  The auction will add another exciting component to what already promises to be a great weekend," said Michael Rich of the Elegance at Hershey.

The Finest Automobile Auctions is a technology company and auction house that provides boutique auctions and customized buying opportunities both onsite and online. Live auctions in elegant and intimate settings, like the Elegance at Hershey, leverage emerging technologies to ensure collectors located anywhere in the world can participate via live online bidding. All auctions are powered online by Proxibid's robust online bidding platform, which offers a world-class technology solution and the industry's most secure way to purchase collector cars online. This unique approach changes the way buyers and sellers interact, adapting the internet to meet the needs of even the most discerning buyer.

"We are delighted to make our debut at The Elegance at Hershey, a premier event for serious collectors," said Bradley Farrell, CEO of The Finest Automobile Auctions. "We have a spectacular lineup for this sale, which features vehicles from some of the world's most important collections. For global collectors, our partnership with Proxibid ensures anyone can bid and win online with confidence, and that they will receive the same level of care and integrity as if they attended the live auction."

Fifty curated automobiles will be available for auction at the Elegance at Hershey, including four vehicles from The John W. Rich Collection, a private collection of some of the most unique and historic vehicles produced. Collector car enthusiasts will not want to miss the opportunity to bid on and win these fresh-to-market automobiles. With a wide range of estimated values, there is a coveted vehicle in this sale for every type of collector, including:

  • 1937 Bugatti Type 38-A Grand Sport: Only 385 Type 38 automobiles were produced, including just a mere 39 in the supercharged 38-A form such as this vehicle. This automobile is part of The JWR Collection. Est: $400,000-$600,000.
  • 1939 Bentley Mark V 4.25 Litre: The Mark V was the last Derby built Bentley and is the rarest of all production Bentleys. Only seven examples exist today, of which B14AW is the only convertible. This automobile comes from The JWR Collection. Est. $850,000-$1.2M.
  • 1985 March/Buick 85G IMSA Racecar: March 85G-1 was campaigned by Conte Racing with John Paul Jr. and Bill Adam Driving, and qualified first at the 1985 Daytona 24 Hours. Est. $300,000-$450,000.
  • 1954 Jaguar XK120M Race Trim: Considered by many to be one of the most beautiful cars ever produced, the Jaguar XK120 debuted at the London Motor Shor in 1948, and was the fastest production car in the world at the time of its launch. Est. $100,000-$150,000.

"Proxibid is excited to partner with The Finest Automobile Auctions to provide collector car enthusiasts with direct access to rare and unique vehicles available for auction," said Ryan Downs, President and CEO of Proxibid. "Our industry-leading technology and risk management system are what sets us apart from others, making us the safest place to browse and buy highly valued items like collector cars. The Elegance at Hershey is a marquee industry event, and we are proud to share it with buyers located throughout the world."

Proxibid offers the industry's most sophisticated risk management system, designed specifically to facilitate high value transactions like collector cars, ensuring it is the safest place for buyers and sellers to transact online. That, combined with Proxibid's robust online bidding platform boasts 99.9+ percent uptime, making it the most trusted place online for buying and selling collector cars.

For more information about The Elegance at Hershey auction or to sign up to receive more information visit Proxibid or The Finest Automobile Auctions. To see what The Finest Automobile Auctions has in store, participate in an online only auction of collector cars and automobilia. Bid online from April 9April 14.

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About Proxibid
Proxibid provides auction companies and asset owners with access to the most trusted way to buy and sell highly valued items online. More than $4 billion in inventory passes through Proxibid's Marketplace annually via live and timed auctions, and Buy Now and Make Offer capabilities, across 15 categories that include heavy equipment; industrial machinery; real estate; fine art; antiques and collectibles, and more.

Founded in 2001, Proxibid is headquartered in Omaha, NE with offices in South Sioux City, NE and London.  For more information about Proxibid, please visit www.proxibid.com.

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