What does $400 million buy today? It was enough to take home about 1,200 of the world’s finest collector cars offered at the 2023 Monterey auctions held from August 17-19. That was down from $475M in 2022, and the sell-through rate was lower, too. Just the same, some stellar automobiles traded hands in Monterey at auctions held by Bonhams, Broad Arrow, Gooding & Company, Mecum, and RM Sotheby’s. The top sale was a 1967 Ferrari 412P racecar for $30.2M at Bonhams, while a 1957 Jaguar XKSS, one of just 16 made, was #2 at just over $13M.
What better prelude to the 72nd Pebble Beach Concours d’ Elegance® than to buy a car (or few cars) from the auctions held in conjunction with this pinnacle event? If you’re bidding or selling, the action is at the auctions, of course. We’ve assembled the auction itinerary here and selected some highlights from the Bonhams, Broad Arrow, Gooding & Company, Mecum, and RM Sotheby’s sales.
The legendary Jaguar XK-120, first introduced in 1949, has played an important role in sports car lineage, both in terms of styling and performance. A very early alloy-body XK-120 (chassis number 670019), will be offered at Gooding & Company’s Pebble Beach auction, with a pre-sale estimate of $250K-$300K.
Here are our “Cars to Watch” for the Bonhams auction at Amelia Island, which features more than 80 automotive offerings, plus a diverse assemblage of memorabilia and collectibles and 50 vintage motorcycles.
From August 13th-15, RM Sotheby’s will be hosting their Shift/Monterey Online Only Auction. Checkout the cars industry experts are most looking forward to seeing, including a Ferrari, vintage Bugatti and Jaguar.
Sir Stirling Moss was one of the sport’s greatest competitors. Moss won over 40% of the races he competed in, totaling a winning number of 212 races. He won the 1955 Mille Miglie and many races in Formula 1, all before the age of 32.
Jaguar drove into auction history when a 1963 E-Type Lightweight sold for $7.37 million at the 2017 Bonhams Scottsdale sale. Meanwhile, over at RM Sotheby’s, a stunning 1965 Series 1 Roadster went for.