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.
If you’re lucky enough to purchase one of the 275 AMG One models that Mercedes-Benz plans to produce, you may have to keep the car at your European villa. This $2.7 million carbon fiber body supercar, derived from the F1 racer, will not be sold in the United States. Learn all about what the AMG-One buzz is about.
By all accounts, the auctions at The Amelia — now under the ownership of Hagerty — were a grand success, with the sales from RM Sotheby’s, Bonhams and Gooding & Company totaling nearly $126M. Notably, a 1937 Talbot Lago set a world record price for the marque and for French cars at $13,425,000
A few Scottscale Auction highlights: a record $6.8 million for a 1955 alloy-body Mecedes-Benz 300 SL Gullwing; a $335,000 sale of the 1949 “Rain Man” Buick Roadmaster convertible; and $775,000 for a rebuilt Duesenberg Model J engine – yes, just the engine. Read all the highlights here
If you paid $1.32 million for a 2018 Ford GT Heritage Edition with only 7 miles on the odometer, would you drive that car? That was just one of the very low-mileage dream cars that sold at Mecum’s live auction in Kissimmee, Florida. Mecum’s total sales of $217 million (with a 90% sell-through rate) marks the first collector car auction to surpass $200 million for a single event. Read about the top selling cars.
Having trouble deciding which car to bid on at RM Sotheby’s Scottsdale auction? Premier’s professionals have provided you with their personal favorites…including a 1981 DeLorean DMC-12 from “Back to the Future” movie fame. You’ll need to supply the Flux Capacitor. We’ll supply the lease financing.
The SLS AMG, the successor to the legendary Mercedes 300 SL Gullwing, has been described as “a beauty with a touch of brute.” At its Scottsdale auction, Gooding & Company will offer a single-owner 2011 SLS AMG with only 3,000 miles on the odometer. The pre-sale estimate is $175k – $225k. Give Premier a call, so you’re prepared to bid on this beauty.
If the Scottsdale Auctions are coming up…can Spring be far behind? Reviewing our schedule of upcoming auctions is a sure cure for the winter doldrums. Better yet, make your plans now to attend these classic events, either in person or online.
Audacious in its design and engineering, the Mercedes-Benz 300 SL Gullwing made sports car history at its 1954 New York International Motor Sports Show debut.
