There are always two main avenues of news from Monterey Car Week: the results from the Pebble Beach Concours d’ Elegance and, of course, the results from the major collector-car auctions. There were surprises from both this year. The judges at Pebble Beach awarded top honors to a 1934 Bugatti Type 59 Sports, making it […]
This year’s Amelia Island auctions numbered three, as RM Sotheby’s took its sale to Miami. The four auctions together grossed over $186M. Gooding & Company had the highest gross and the top individual sale, a single-family-owned 1903 Mercedes-Simplex selling for $12.1 million. Next-highest were three super-rare Ferraris in the $4M neighborhood, with a 1930 Duesenberg close behind. Some interesting “pairs” or rare cars turned up across the auctions, too.
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.
