January kicked off collector-car auction season with a big bang and big dollars. Following Mecum’s $275M haul in Kissimmee, Florida mid-month, the traditional Arizona auctions added about $245M more to the tally, with $200M of that from Barrett-Jackson’s no-reserve sale in Scottsdale. Bonhams, though, had the highest-priced auction sale in Arizona, with $5.175M buying a Bugatti Chiron Super Sport 300+ (as in 300+ mph test-track capability) for a car with just Bugatti’s test and delivery miles.
To see and be seen in the toniest zip codes, you could hardly do better than a Bentley Azure, a convertible built in two design generations from 1995-2009. The second-generation design introduced in 2006 was based on a more modern chassis and offered performance that belied its size and elegant demeanor. The hand-built Azure was 213 inches long, weighed close to three tons, and used a 450-horsepower twin-turbo V-8. Bonhams is offering a 2007 Bentley Azure in Silver Lake Blue at its Scottsdale auction – at no reserve.
Ferrari had Pininfarina, and Aston Martin had Zagato, at least for a small number of very limited-edition models. The first was in 1961, the DB4 GT Zagato, with just 19 made. One of those sold for $9.5M a few years ago. The most ambitions collaboration between the British automaker and Italian designer/coachbuilder was a quartet of special bodies built around the second-generation V12-powered Vanquish model from 2017-2019. RM Sotheby’s 2024 Phoenix, Arizona auction is offering #33 of the 99 Vanquish Zagato coupes built, with an estimated selling price of $600K-$650K.
The 1960-1962 Ferrari 250 GT Cabriolet Series II may not have starred in a blockbuster movie about a mischievous Chicago high-schooler playing hooky, but it is nevertheless one of the brightest stars in the Ferrari universe. A bit more focused on touring comfort than its athletic California Spider sibling, the Series II Cabriolet was nearly as fast. Its Pininfarina-designed-and-built body easily draws admiring glances more than six decades later. Just 200 were built, and the RM Sotheby’s Phoenix, Arizona auction is offering one with a plethora of concours and show trophies. The pre-sale estimate is $1.5M-$1.75M.
Porsche last offered its blisteringly fast, track-optimized 911 GT2 RS for 2018-2019, selling about 1,100 in the U.S. It may not be the rarest modern 911 special model, but it remains among the most desirable by the automaker’s ardent collectors and track mavens. Typically optioned, the 911 GT2 RS easily exceeded its $294,000 base price. The 2024 Barrett-Jackson auction in Scottsdale, Arizona is offering a well-optioned 2019 Porsche 911 GT2 RS formerly owned by IndyCar champion Paul Tracy. Offered at no reserve, it will be going to the highest bidder in January.
Lamborghini has had trouble attracting customers from the Witness Protection program, and the Murciélago Roadster is one reason. The absolute antithesis of “blending in,” the open Murciélago was even more extroverted than its coupe sibling, if only because now people could easily see who was driving this 42-inch-high supercar. The $320,000 Murciélago Roadster came with a rudimentary top that made fair-weather driving more appealing than dealing with the annoyance of rain showers. The Barrett-Jackson collector-car auction in Scottdale, Arizona in January 2024 is offering a black 2006 Murciélago Roadster at no reserve.
If you plan to be in New York City on November 13 and have easy access to about $60 million, why not take a chance bidding on a one-of-one Ferrari? The RM Sotheby’s Modern and Contemporary Art auction will offer a 1962 Ferrari 250 GTO that’s also known as the 330 LM. The car was built to suit a new race class at the time, which allowed replacing the 25 GTO’s 3.0-liter V12 with a more powerful 4.0-liter. Ferrari kept this special GTO for its own Scuderia Ferrari race team. Will this car surpass the reported $70 million a private collector paid for a 250 GTO in 2018? We shall see on November 13.
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.
Revered by Corvette enthusiasts, the 1963 Sting Ray, especially when equipped with the fuel-injected 327 engine, remains a legend among the car’s 70 years of production so far. The radical new design covered a new, more advanced chassis than the first-generation Corvette had, and both performance and refinement edged closer to the European GTs. Sales soared, and the “fuel-injected Sting Ray” ended up in pop songs. Gooding & Company’s Pebble Beach Concours d’ Elegance® auction is offering a multiple-award winner with a pre-sale estimate of $250K-$300K.
