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.
RM Sotheby’s Announces new client financing partnership with leading specialist 1st Financial Bank USA / Premier Financial Services, LLC
Monterey Car Week 2022, including the Pebble Beach Concours d’ Elegance®, is just days away, and our regional sales managers have made their annual “Cars to Watch” selections, covering a broad range of classic vehicles. Their picks include a 1995 Ferrari F50 (pre-sale estimate of $4.5 – $5.5 Million); a 2010 Porsche 911 GT3 RS 3.8 ($250K – $300K); and even a 1962 Volkswagen Type 2 Deluxe Microbus ($140K – $180K). Perhaps some of your favorites are among their picks.
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
RM Sotheby’s returns to Amelia Island with yet another expertly curated auction docket for 2022 with 99 cars offered and a focused selection of choice collectibles and artworks preceding them.
“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.
Picture yourself behind the wheel of this classic 1971 Mercedes-Benz 280 SE 3.5 Cabriolet, with your hair slicked back and Wayfarers on. Back then, you would have paid $14,380 for a new one. Today, the pre-sale estimate for this restored beauty at RM Sotheby’s Scottsdale auction is $300k – $350k.
Ferrari’s long-awaited Purosanque SUV, scheduled for launch in early 2022, is not the marque’s first “family” car. Ferrari’s discontinued GTC4 Lusso was preceded by a number of “2+2” coupes; notably its 250 GTE Series, introduced in 1960. RM Sotheby’s will offer two at Scottsdale: a silver 1963 Series III and a red 1962 Series II.
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.