Story and photos by Hugues Vanhoolandt
Alongside the various car shows, rallies and gatherings of all sorts, the numerous auctions held during the Monterey week always provides the temperature of the classic car market and a trend for the months to come.
Although new world auction records were achieved here and there for specific models, it seems that the time of crazy prices is over with many cars remaining unsold due to high estimates. Maybe it is good news for the real collector.
As we visited most of the Monterey auctions, you will find here a short selection of cars sold and unsold during the week.
Bonhams The Quail Lodge Auction
Traditionally held at The Quail, near the site of ‘The Quail, A Motorsports Gathering’, Bonhams extended its sale to two days this year due to no less than 217 cars on offer. A sell rate of 76% was achieved resulting in over $32-million total.
Gooding & Company, The Pebble Beach Auctions
The official auction house of the Pebble Beach Concours d’Elegance achieved the highest sell-through rate of the week with 77% of the lots sold for a total of $76 million and 17 cars above the $1 million mark. 140 lots were on offer.
Mecum Auctions at Monterey
With nearly 600 lots on offer, Mecum presented the biggest show of the Monterey week with three days of auctions. In conjunction with the Daytime Auction, an exposition sale of the Blackhawk collection was held on-site with top-class cars ready for inspection and purchase.
RM Sotheby’s
Held in the premises of the newly built Conference center in downtown Monterey, RM Sotheby’s reported more than $107 million in total sales across three nights of auctions, with 74 percent of all lots finding a new home.
Worldwide Auctioneers Pacific Grove Auction
Adequately situated at Pacific Grove, near the 17-Mile Drive scenic road, the sale organized by Worldwide Auctioneers of Indiana presented a selection of some 40 lots, ranging from a 1898 Riker Electric to a 1988 Porsche 930 Turbo ‘Slant Nose’ cabriolet. We checked the auction website for sales prices but nothing has been posted.
Mario Marchesini says
nice shots and (as always) clear texture
Giovanni Petta says
Bellissimi! Apollo 3500… per me sconosciuta.