Aston Martin is about to make dreams come true by building continuation DB5s equipped like the lethal, gadget-laden version used in the 1964 James Bond film, “Goldfinger.”
One of the most respected publications for serious Ferrari enthusiasts -Ferrari Market Letter- featured PFS CEO Mitch Katz’s observations on the 2018 Monterey Car Week.
Lamborghini used the opportunity of “The Quail, A Motorsports Gathering” in Monterey, Calif. in August to unveil its latest track-ready supercar, the Aventador SVJ. The Aventador SVJ lapped the famed “Green Hell” in Germany in 6:44.97, setting the record for a production car.
At the RM Sotheby’s Monterey sale in August, a 1953 J2-X, one of the 83 made and known as “Little Red,” sold for $280k. (The pre-sale estimate was $275k-$375k).
The news from Monterey is one of records shattered. At RM Sotheby’s, a 1962 Ferrari 250 GTO set the world record for highest price ever paid for a car at auction: $48.4m. It all added up to over $367m for the week, a jump over last year’s $330m.
Like vintage Ferraris and authentic Cobras, the Siata 208S Spider commands high prices. A 1953 model offered by Bonhams at its Quail Lodge auction in Monterey this weekend is expected to sell for $1.5m-$1.8m.
Monterey’s local newspaper, The Monterey Herald, delivered Car Week attendees with a long list of auction tips, provided by Premier CEO Mitch Katz.
Forbes magazine automobile columnist Jim Gorzelany, provided great advice for vintage car buyers, including some of CEO Mitch Katz’s tips on car auction etiquette.
This month, another GTO is likely to set the record for the most ever paid for a car at auction. RM Sotheby’s Monterey sale is offering a 1962 GTO, #3413, which is one of a few that were re-bodied by Scaglietti with the Series II/GTO 64 body. It is expected to bring $45-$60m.
