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.
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.
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.
Built 35 years ago, Porsche’s 959 is still considered king of the marque’s 911 line. Only 292 cars were made, with a price tag of $227,000, and Porsche reportedly lost money on each one. Broad Arrow Auctions is offering a 1987 Guards Red 959 Komfort at its Monterey Jet Center Auction, with a pre-sale estimate of $1.4 – $1.6 million.
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.
Now in its 14th year, the Quail is the most exclusive of the slew of automotive events that comprise Monterey Car Week. Even the Pebble Beach Concours d’Elegance, though prohibitively priced for casual spectators, is open to the public. The Quail, however, thrives on its invitation-only policy, creating a relaxed environment with the right cars and the right products for the right people.