Good Morning! It looks like the pre-holiday slow-down might be here. But fret not, we still have some very interesting sales and no-sales, Safari's and time-capsules, and much more in today's market letter.

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THE MARKET

Sell-Through Rate: 64%

Market Volume ($): $745,338

Market Volume (units): 14

• If you asked me yesterday or Monday if the market cooled off before the holidays I would have told you no. But today all metrics are down. The Sell-through rate has dropped into the 60s, we failed to cross the $1m mark, and units are pretty low as well.

TOP SALES

2011 Porsche 911 Turbo S Coupe $157,250 Bring a Trailer

1998 Porsche 911 C4S 6sp $156,000 Bring a Trailer

1987 Porsche 911 Turbo Coupe $126,000 Bring a Trailer

1962 Porsche 356B Sunroof Coupe $81,388 Bring a Trailer

1969 Porsche 911 Race Car $73,000 Bring a Trailer

SPOTLIGHT

PHOTO CREDIT BK AUTO AUCTIONS

With the wild success of Bring a Trailer, it was only a matter of due time until other auction sites emerge to compete in the online auction marketplace. But after close to 30 different platform launches, less than half are still running and quite a few are dwindling with next to no traffic.

One such online auction house would be BK Auctions where this 2019 911 GT3 RS failed to sell yesterday with a high bid of $50,000. Now if this were a no-sale on one of the primary sites that we follow, you can only imagine our "world-is-ending" headline.

But like any over-saturated market, the market will determine the winners and losers, the number 1 and number 2 market leaders will even out over time, and a handful of also-rans will remain. The coming year's economic outlook should determine who is fit for survival and who will be the Coke & Pepsi of online auctions.

NOTEWORTHY SALES

• Probably the best Safari deal you'll see on here because it's a 944. This 1986 944 Safari sold for $16,200. That's a whole lot of off-road fun for the money.
• For those of us that follow the 993 C4S markets closer than our Robinhood account, this 30,000-mile 1998 example sold for a market correct $156,000. Still strong.
• Fear the Euro car when it comes to anything younger than 25 years old. Registration is not your friend. That would be the reason this 2002 911 GT2 failed to pass $100,000 in yesterday's bidding.

NEW LISTINGS

• This gorgeous backdated 1986 911 3.6L in Glacier Blue gives off RS vibes but with a little more powahhh.
• After 46 years of ownership, this 1955 Pre-A Speedster is looking for a new place to call home.
• Here we have the second 1991 911 C4 built by GS Manufaktur out of Germany. Very Singer-like in looks, but based on the last sale, not in price.

AUCTIONS ENDED 12/20

2011 Porsche 911 Turbo S Coupe $157,250 Bring a Trailer

1998 Porsche 911 C4S 6sp $156,000 Bring a Trailer

1987 Porsche 911 Turbo Coupe $126,000 Bring a Trailer

2019 Porsche 911 GT3 RS $100,000 BK Auto Auctions

2002 Porche 911 GT2 Euro $100,000 PCARMARKET

1962 Porsche 356B Sunroof Coupe $81,388 Bring a Trailer

1973 Porsche 911E Targa 5sp $81,250 PCARMARKET

1969 Porsche 911 Race Car $73,000 Bring a Trailer

2018 Porsche 718 Cayman GTS $60,000 PCARMARKET

2019 Porsche 911 GT3 RS $50,000 BK Auto Auctions

1973 Porsche 914 2.0 $40,000 PCARMARKET

2010 Porsche 911 Cab. 6sp $39,500 PCARMARKET

1979 Porsche 911SC Targa $35,500 Bring a Trailer

1986 Porsche 944 Safari $16,200 Bring a Trailer

*Prices in Red denote a high bid and no sale