Automotive Auction Coverage

Led by Auction Editor Rick Carey, our coverage of auctions and collector car markets includes everything from late-breaking news and auction results to varied opinions about market trends and values.

Bonhams Goodwood Revival 2014 – Auction Results

1936 Lagonda LG45R Rapide

The Bonhams Goodwood Revival Auction 2014 was held Saturday 13th September at the Goodwood Motor Circuit in Chichester, England, resulting in total sales of £15.4 million. With 106 motor cars and 172 lots of automobilia sold, this year's Revival auction was the biggest to date. James Knight, Bonhams Group Motoring Director, said, “What a weekend – beautiful weather, fantastic cars, and hours of exciting bidding in … [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...]

RM Auctions London 2014 – Auction Results

1956 Ferrari 250 GT Berlinetta Competizione Tour de France sold for £4,872,000

The RM Auctions London 2014 sale was held 8th September at Battersea Evolution in London, resulting in £21,811,945 ($36,348,733 USD) in total sales and an 86.3% sell-through rate. Held in partnership with the Concours of Elegance at Hampton Court Palace, RM’s 8th annual London sale saw 80 cars - and one rocket - come to market in their last 2014 European sale. The top result at the RM Auctions London 2014 auction … [Read more...]

Auctions America Auburn Fall 2014 – Auction Results

1935 Duesenberg Model SJ Dual Cowl Phaeton by LaGrande sold for $1,265,000

The Auctions America Auburn Fall 2014 sale was held August 27-31 at Auburn Auction Park in Auburn, Indiana, resulting in $25.9 million in total sales and a 77% sell-through rate on all lots sold. Held over Labor Day weekend during the Auburn-Cord-Duesenberg Festival, Auctions America’s flagship Auburn Fall sale drew a record 81,500 enthusiasts to the Auburn Auction Park to witness nearly 1,100 collector cars and … [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...]

Russo and Steele Monterey 2014 – Auction Results

Russo and Steele Monterey

The Russo and Steele Monterey Auction 2014 was held August 14-16 in downtown Monterey, California, resulting in $12,074,960 in total sales. The three-day auction saw record crowds visit Russo’s waterfront venue at Fisherman’s Wharf. The results for Russo and Steele's 2014 Monterey sale were a 63% increase over last year's results, with the average sale price of $115,000 representing an increase of 45%. … [Read more...]

Mecum Monterey 2014 – Auction Results

1961 Ferrari 250 Series II Cabriolet sold for $2,250,000

The Mecum Monterey Auction 2014 was held August 14-16 at the Hyatt Regency Monterey Hotel and Spa in Monterey, California, resulting in total sales of $34,651,635 and a 56% sell-through rate at Mecum’s highest-grossing Monterey auction to date. A total of 645 cars were offered during the three-day event, with six of the 361 cars sold surpassing hammer prices of $1,000,000. The top result at the 2014 Mecum Monterey … [Read more...]

Gooding and Company Pebble Beach 2014 – Auction Results

1961 Ferrari 250 GT SWB California Spider

The Gooding and Company Pebble Beach Auction 2014 was held August 16-17 at the Pebble Beach Equestrian Center in Pebble Beach, California, resulting in total sales of $106 million and an 88% sell-through rate. A total of 30 cars sold for over $1,000,000 and 16 new auction records were set at two-day sale. David Gooding, President of Gooding & Company, said, “In addition to the many record setting prices, our … [Read more...]

Bonhams Quail Lodge 2014 – Auction Results

1962 Ferrari 250 GTO

The Bonhams Quail Lodge 2014 Auctions were held Thursday, August 14th and Friday, August 15th on the grounds of the Quail Lodge in Carmel Valley, California, resulting in $108 million in total sales and a 92% sell-through rate. Held in connection with the Quail Motorsport Gathering, the 17th Bonhams sale held during Monterey Classic Car Week featured the 10-car Maranello Rosso Collection on Thursday and more than … [Read more...]

RM Auctions Monterey 2014 – Auction Results

1964 Ferrari 275 GTB/C Speciale

The RM Auctions Monterey 2014 auction was held August 15-16 at the Portola Hotel and Monterey Convention Center in Monterey, California, resulting in $143.4 million in total sales and a 91% sell-through rate. RM's flagship auction, held annually during the Monterey Classic Car Week, ranks as the highest grossing collector car auction of all time, breaking the previous record set by RM in 2013. In addition, the … [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...]

Ferrari 250 GTO Breaks Auction Record

Ferrari 250 GTO

A 1962 Ferrari 250 GTO sold for $38,115,000 (£22,843,633, €28,528,626) at the Bonhams Quail Lodge 2014 Auction, held Thursday, August 14th at the Quail Lodge and Golf Club in Carmel Valley, California. The sale price for the GTO broke the all-time auction record set only last year by the 1954 Mercedes-Benz W196R that Bonhams sold for £19,601,500 (USD $29,650,095) at their Goodwood Festival of Speed sale. Bidders … [Read more...]

New Bonhams Amelia Island Auction

1911 EMF #33 driven by Jack Tower in the Tiedeman Cup, Savannah, Georgia, 27 November 1911

Bonhams announced that it would hold its first-ever auction in Amelia Island, Florida to conincide with the Amelia Island Concours d’Elegance. The inaugural auction will be held Thursday, March 12, 2015 at the Fernandina Beach Golf Club on Amelia Island. A 1911 EMF Model “30” Factory Racer will be among the headline offerings at the new Bonhams Amelia Island Concours auction. This genuine pre-First World War … [Read more...]

Mille Miglia OM 665 SS at 2014 Bonhams Goodwood Revival

1930 OM 665 SS Superba

A 1930 OM 665 SS Superba 2.3-Litre Supercharged that won its class at the Mille Miglia will be featured at the 2014 Bonhams Goodwood Revival auction, scheduled for 13 September at the Goodwood Motor Circuit in Chichester, UK. After winning its class and finishing fifth overall at the Mille Miglia around Italy in 1930, the impressive OM continued with entries in a number of the most noted endurance races of its day … [Read more...]

Headline Offerings at 2014 RM Auctions London

1956 Ferrari 250 GT Berlinetta Competizione Tour de France (photo: James Mann)

A 1956 Ferrari 250 GT Berlinetta Competizione Tour de France and a 1964 Shelby 289 Competition Cobra will be among the featured offerings at the 2014 RM Auctions London sale, scheduled for 8 September at Battersea Evolution on the banks of the River Thames in central London. These two competition cars lead a roster of more than 70 automobiles at the RM evening sale. The Ferrari 250 GT Berlinetta Competizione on … [Read more...]