Gooding and Company Pebble Beach 2014 – Auction Report

1961 Ferrari 250 GT SWB California Spider, Body by Pininfarina

Gooding & Company concluded its 2014 Pebble Beach auction with $106,004,800 in sales, concluding 107 of 121 lots, an 88.4% sell-through, in its two-day sale. The total continued Gooding's string of $100 million plus sales at Pebble Beach over the past three years. The sell-through was down 2.9 points, 3.2%, from last year's extraordinary 91.3% sale rate. The average sale of $990,699 was up 2.6%, the median … [Read more...]

RM Auctions Monterey 2014 – Auction Report

1964 Ferrari 275 GTB/C Berlinetta Speciale, Body by Pininfarina-Scaglietti

RM established itself, by a large margin and with authority, as the top Monterey auction this year, selling a nearly inconceivable 93% of the 129 lots crossing the block, bringing in a total sale of $144,309,350, an average transaction of $1,202,578 and a median of $451,000. The average transaction at RM was $1.2 million, equivalent to an average hammer bid of nearly $1.1 million. The total dollars changing hands … [Read more...]

Pur Sang 308 Debuts at Goodwood Revival

Pur Sang 8C 308

Alfa Romeo built four Tipo 308 Grand Prix cars for the 1938 season. One of them, driven by the immortal Tazio Nuvolari, set fastest lap in qualifying for the Pau Grand Prix in the Tipo 308's first racing appearance. Later in the Pau meeting it was destroyed after a fire due to a faulty fuel tank installation. The other Alfa Romeo Tipo 308s survive: the four-time Indianapolis 500 entrant and three-time top ten … [Read more...]

Summary Monterey Auction Report 2014

1964 Ferrari 250 LM

Report and photos by Rick Carey, Auction Editor 2014 was the year Bonhams sold Ferrari 250 GTO s/n 3851GT for $38,115,000, an all-time record for a collector car – or any car at all for that matter – at auction. Some pundits thought the GTO, the first time one has been offered publicly since Brooks Auctioneers offered s/n 4293GT, second overall at Le Mans in 1963, at Gstaad in 2000 with an unsuccessful high … [Read more...]

Bonhams Maranello Rosso Collection 2014 – Auction Report

1962 Ferrari 250 GTO Berlinetta

Bonhams Maranello Rosso Auction, Quail Lodge, Carmel Valley, August 14, 2014 Report and photos by Rick Carey, Auction Editor It has been a quarter century since a 250 GTO was offered publicly. There was, therefore, considerable interest when Bonhams announced they had consigned 1962 Ferrari 250 GTO s/n 3851 GT along with nine other Ferraris from the Maranello Rosso collection of Fabrizio Violati. … [Read more...]

Collector Car Market – The Beginning of The End?

1964 Ferrari 250 LM

By Rick Carey, Auction Editor The collector car market cratered in 1989-90. What were the significant events that preceded the collapse? 1. Auction companies popped up everywhere trying to get a piece of a rapidly growing number of transactions, increasing prices and resulting commissions; 2. Cars sold to speculators, not collectors; 3. Individuals like Hans Thulin took on huge bets on the collector car … [Read more...]

RM Auctions Motor City 2014 – Auction Report

1955 Packard Caribbean Convertible

RM Auctions 'Motor City', Inn at St. John's, July 26, 2014 Another little change this year as RM separated itself from the Inn at St. John's location by re-naming Meadow Brook/St. John's less specifically as 'Motor City'. It's probably insignificant in the overall scheme of things. Sunday's Concours d'Elegance of America was bigger and better than ever. Cars are how the Detroit area defines itself and RM's … [Read more...]

Pur Sang Argentina – An Introduction

Pur Sang 8C 308

By Rick Carey, Auction Editor | Photos by author and Rhonda Kiblinger Wind back the clock on your DeLorean to 1930 or so, eighty-plus years ago. Your [great] grandparents might still have been dancing the Charleston. It was the time of Machine Age design. Craftsmanship, dedication, style, design and ingenuity were its hallmarks. It persists today at Pur Sang in Paraná, Entre Rios, Argentina. And it is … [Read more...]

Mecum Seattle 2014 – Auction Report

OLYMPUS DIGITAL CAMERA

Mecum Auctions, CenturyLink Field Event Center, Seattle, Washington, June 13-14, 2014 Mecum Auctions is constantly refining its calendar, trying new places and dates, usually with success. Frank Mecum said, "We looked at where we're shipping cars, and a lot were heading to the Pacific Northwest so we thought this would be a good place to try an auction." It turned out that they were right, with a good … [Read more...]

Mecum Indianapolis 2014 – Auction Report

1963 Shelby Cobra 289 Roadster

Mecum Auctions Spring Classic, State Fairgrounds, Indianapolis, Indiana, May 13-18, 2014 Report and photos by Rick Carey, Auction Editor [First an apology to readers for the lateness of this report. May and June were two months of nearly continuous travel, with barely enough time to take a shower and get clean clothes between trips. The following report – comprising almost 190 cars out of the 1,600 Mecum … [Read more...]

Ferrari 250 GTO Auction – Boys Will be Boys

1962 Ferrari 250 GTO, s/n 3851 GT

Bonhams has recently announced that it will offer Ferrari 250 GTO s/n 3851 at its Quail Lodge auction, scheduled for August 14-15, 2014 at the Quail Lodge and Golf Club in Carmel Valley, California. The GTO is one of a number of Ferraris from San Marino's Maranello Rosso collection recently acquired from the estate of Fabrizio Violati. Bonhams will also offer another nine of the Maranello Rosso Ferraris at Quail … [Read more...]

Motostalgia Houston 2014 – Auction Report

1961 Alfa Romeo Giulietta Sprint Speciale

Motostalgia Auctions, Keels and Wheels Concours d'Elegance, Seabrook, Texas, May 2, 2014 Report and photos by Rick Carey, Auction Editor Motostalgia Auctions moved into the Keels and Wheels Concours d'Elegance at Lakewood Yacht Club in Seabrook (Houston), Texas in early May, the slot abandoned three years ago by Worldwide now holding forth at the Concours d'Elegance of Texas at La Toretta, north of Houston in … [Read more...]

Worldwide Houston 2014 – Auction Report

1955 Porsche 356 "Pre-A" 1500 Super Speedster

Worldwide Auctions, Concours d'Elegance of Texas, Montgomery, Texas, May 3,2014 Worldwide Auctions returned to the La Torretta Resort in Montgomery, Texas for its third auction in conjunction with the Concours d'Elegance of Texas, bringing an intriguing variety of cars and a big crowd. Competing for the first time with Antonio Brunet's Motostalgia Auction at the Keels & Wheels Concours, Worldwide's former site … [Read more...]

Bonhams Greenwich 2014 – Auction Report

1975 Lamborghini Countach LP400 Periscopica Coupe Roadster

Bonhams, Greenwich Concours d'Elegance, Greenwich, Connecticut, June 1, 2014 Report by Rick Carey, Auction Editor Bonhams featured a couple of headline cars at Greenwich, particularly John Fitch's Fitch Phoenix prototype which John had driven many times down from Lime Rock to the Concours. The Fitch Phoenix's thunder might have been overshadowed in the auction results by the $1.2 million Countach … [Read more...]

Auctions America Auburn Spring 2014 – Auction Report

1954 Jaguar XK 120SE Drophead Coupe

Auctions America by RM, Auburn Spring, Auburn, Indiana, May 8-10, 2014 Auburn Spring has never been like this, a $19 million dollar sale with 780 cars offered and 636 (81.5%) sold. The sale performance was urged along by over 400 cars offered by John Scotti without reserve, hour after hour on the West ring of cars, good and mediocre, but none bad, selling to the highest bidder. It fostered the excitement … [Read more...]