Auction sales from Monterey Car Week totaled a record-setting $469 million; more than $126 million than last year’s total. RM Sotheby’s three-night auction accounted for more than half of that total, setting a record with a staggering $239.2 million in sales. Catch up on results from all the auction houses.
“The Amelia” may have dropped “Island” from its name, but this year’s event will be special, now under the Hagerty umbrella of automotive assets. Read our detailed description of what’s scheduled, whether you’re attending in person or virtually.
This all-wheel drive unicorn was built to race…but never allowed to. This 1991 Porsche 911 Carrera 4 Lightweight, up for auction by RM Sotheby’s at Amelia Island in March, has a pre-sale estimate of $700k – $900k. Read the story of this uber-rare car.
Met Dave Magers: CEO of Mecum Auctions. Dave has served as chief executive officer of Mecum Auctions since 2013. Having always been a “car guy,” Dave brings a wealth of valuable knowledge and experience into the Mecum mix with more than 40 years of experience in the business and financial sector.
Gooding and Company Monterey addition has many great cars on display, including Lamborghinis, Ferraris, Mercedes-Benzs, Bentleys, Porshces, and Maseratis. See which ones are our favorites.
Most collector-car auction houses already offered absentee bidding options and live streaming auctions as part of regular operations, the safety and travel restrictions posed by COVID-19 spurred the industry to apply creative solutions. Learn more about Mecum, Gooding & Company, Bonhams and more are operating their summer auctions.
This year at Amelia Island, Bonhams will lift the gavel on nearly 120 collector cars spanning automotive history from the dawn of motoring to the mid-2010s, including vehicles from several noted collections. Industry experts selected their favorite cars of the group, including a Porsche, Aston Martin, Jaguar, and even a prewar Bugatti.
We’ve learned a few things over the past 20 years about how to buy exotic, vintage and luxury cars, whether they’re new or previously owned. So we’ve created a 5-part series to pass that information along to serious car enthusiasts like you. Part 3 in our series tells you everything you need to know about buying and selling at auction.