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.

RM Auctions Hershey 2014 – Auction Preview

1933 Chrysler CL Imperial Dual-Windshield Phaeton by LeBaron

The RM Auctions Hershey 2014 sale will be held October 9-10 in Hershey, Pennsylvania during the AACA Eastern Division Fall Meet. The two-day auction will feature a selection of more than 160 automobiles, two boats and select memorabilia. The offering is headlined by two North American collections, the Cars of John Moir, featuring the A-to-Z Collection, and the Jeffrey Day Collection. The Cars of John Moir comprise … [Read more...]

Rick Cole Monterey 2014 – Auction Report

1955 Ferrari 410 Sport Sports Racer

Rick Cole returned to the Monterey auctions this year after a long absence, bringing with him a new format with on-site previews and on-line only bidding. Rick was the first to hold a collector car auction in Monterey, conducting the first one in 1986 and continuing well into the next decade. Until Christie's appeared on the grounds at Pebble Beach, the Rick Cole auction in Portola Plaza was the only game in town, … [Read more...]

Sam Pack Car Collection Offered at Auction

Sam Pack Car Collection

RM Auctions, in association with Auctions America, will offer the Sam Pack Car Collection on November 14-15, 2014 at the Pack Automotive Museum located near Dallas, Texas. The event will feature more than 130 of Pack's automobiles during the single-vendor auction. Sam Pack’s museum collection represents more than a dozen years of acquisition. It also reflects Pack’s lifelong love affair with the automobile, a … [Read more...]

Mecum Dallas 2014 – Auction Results

1969 Chevrolet Corvette L88 Convertible

The Mecum Dallas 2014 Auction was held September 3-6 at the Kay Bailey Hutchison Convention Center in Dallas, Texas, resulting in $31,428,039 in total sales and a 66.3% sell-through rate. In only its fourth year, Mecum's Dallas auction has become one of the largest sales on the Mecum Auctions’ calendar with 1,155 cars offered. The top seller at the 2014 Mecum Dallas sale went to a 1969 Chevrolet Corvette L88 … [Read more...]

Bonhams Quail Lodge 2014 – Auction Report

1966 Ferrari 275 GTB Berlinetta, Body by Pininfarina/Scaglietti

Coming off the ten-car Thursday sale of no-reserve Maranello Rosso Ferraris, marked by the Monterey week benchmark sale of Ferrari 250 GTO s/n 3851GT, Friday's Bonhams auction had high expectations to meet. And meet them it did. Bonhams offered 105 cars on Friday, selling 95 of them, a 90.5% sale rate and $41,550,100 in total sales. The total is $10 million more than last year's record Quail Lodge auction, … [Read more...]

Bonhams Simeone 2014 – Auction Preview

1940 Alvis 12/70 Special

The Bonhams Simeone Museum 2014 auction will be held Monday, October 6th at the Simeone Automotive Museum in Philadelphia. Now in its third year, this auction, which is devoted to the hobby and specifically to "Preserving the Automobile", features important original, preserved and correctly restored historical automobiles as well as related spares and memorabilia. The headline offering at the Bonhams Simeone 2014 … [Read more...]

Mecum Monterey 2014 – Auction Report

1972 McLaren M20 Can-Am; S/N M20-1

When Mecum Auctions announced early in 2009 that they'd be joining the annual auctions crush at Monterey they put themselves in the cross-hairs of the most intense, demanding week on the annual auctions calendar. The other Monterey auctions – RM, Gooding, Bonhams and Russo and Steele – had made Monterey their premier events, selling million dollar cars with seeming ease and racking up multi-million dollar sale … [Read more...]

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...]

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...]