The 2022 Monterey Auctions
One 7-figure Car Short of Half a Billion Dollars First, an explanation of why this report is so late. I returned from Monterey with Covid, then gave it to my wife. The last week of August and the first one of September were a write-off to our recoveries which was without complications or hospitalization. […]
RM Sotheby’s, Portola Plaza, Monterey, August 12-14, 2021
RM Sotheby’s returned to their Monterey form in 2021, putting together a smaller consignment that overflowed with quality vehicles. RM fluctuates between two and three day auctions with the third day usually being a single collection or a themed consignment as in 2019 when the Thursday sale was all Aston Martin. This year the Thursday […]
Mecum Auctions, Del Monte Golf Course, August 12-14, 2021
Mecum came off a lowball year in 2019 to score its highest sale total in the Monterey sale’s thirteen year history as well as the highest sell-through rate at 77%, 15 points higher that the best-ever performance in 2012. The seven-figure lots were equally impressive with sixteen lots bid to a million dollars or more […]
RM Sotheby’s, Monterey, August 15-17, 2019
RM Sotheby’s added a Thursday session for 34 Aston Martins, bringing their total consignment to 184 lots from last year’s 150. 64.7% of the Astons sold, not bolstering RM’s eventual 72.8% sell-through. But it was the Saturday appearance of the vaunted Porsche Type 64 (actually a modified Kraft durch Freude Wagen (the VW predecessor) Porsche […]
The 2019 Monterey Auctions
By now it’s pretty well-known that the collector car auctions in Monterey were off by nearly a third from last year. It’s taken some time to get consistent results from the auction companies, then to put them into a coherent presentation that is comparable with prior years. The week itself was a marathon culminating in […]
Mecum Auctions, Monterey, August 23-25, 2018
Mecum Auctions has been in Monterey now for a decade, growing from a $14.2 million sale in 2009 to this year’s $45.7 million with a peak sale in 2016 of $50.9 million. They’re an important part of the Monterey car week scenery now, drawing a huge crowd of spectators to the Del Monte Golf Course […]
RM Sotheby’s, Monterey, August 24-25, 2018
RM Sotheby’s finally got its new Convention Center location in 2018 after two years in a makeshift fabric structure on Portola Plaza. The new layout was a mixed blessing but it was kicked off right by lot #247, the 1963 Ferrari 250 GTO s/n 3413, the superstar of a star-filled Monterey auction week. RM Sotheby’s […]