Monterey Auctions 2017

The reserve has been lifted on the 13-car "Ferrari Performance Collection" at RM. Code for RM guaranteeing the consignor a minimum price?

View Lots | Classic Car Auctions | RM Sotheby's

 

The market is being very cautious based on Bonhams prices today. Plenty of lots bidded to bargain prices and either sold or passed in, only the McLaren truly surprising and so far 13 of 18 Ferrari's have sold although some weird figures with $2.4 turned down for the 312T5, surely it should have sold at that price (WTF), Enzo cheap at $1.8 and $3 million should have been low but acceptable for the 400SA.

 

Having attended many auctions over the last 50 years, you never know if the last bid was a real bid or if the auction company was just running up to the reserve

I saw several cars bid up and I do not think there was any money on the cars, in my opinion.

 

Chandalier bidding anyone? Illegal in most states although very hard to prove. Watching Bonhams online there was plenty of bids for most with them flicking between online, on the telephone and in the room so I think there was money offered but much of it was bargain hunters, I mean the TDF was by all accounts not a great example but a cheeky $3.4 million bid might just rattle the cage and would be good value if the consigner is desperate.

 

RM is live now although the prelude and lot 1 is still 6 minutes away

 

Lot 3 - Gooding
330GT
high bid $290K
no sale
estimate range was $350K to $450K

 

the Gooding 250 GTS SII cab just went for US$1.25m on the hammer beating the upper US$1m est.

 

Ferrari Daytona "Harrah Hot Rod" sold for $687,500 including fees.
Ferrari 250 GT PF Coupe 1433GT high bid $625,000.
Ferrari 121LM Spider Scaglietti 0546LM hammered sold at $5,200,000.
Ferrari 342 America Cabriolet by Vignale 0232 AL hammered sold for $2,050,000.
Aston Martin DB4 GT Prototype DP199/1 hammered sold for $6,150,000.
Aston Martin DBR1 DBR1/1 hammered sold for $20,500,000.
Ferrari 166 MM/212 Export "Uovo" by Fontana 024MB hammered sold for $4,100,000.

 

DBR1 sold at 20.5 million, 22.55 all up

 

f40 at bonhams did just fine

 

Even quite strong at $1.45 million. Although it would appear it was much better than many offered recently

 

who wld have thought it - a rational market

 

Porsche 917k at Gooding sold $12.8 + BP = 14.08 million, much lower than Canepa's asking prices but likely market correct for a car with no comp history and a slightly opaque provenance

 

917k cheaper than a mcf1...nuts.

 

that DBR1 price is huge.....wow!

 

Still convinced that even at this end of the market a usable car is more desirable, and unless you're Count Rossi probably wouldn't want to drive a 917 down to the shops for a pint of milk.

 

Don't think so.... The public has just forgotten what a great racing car the 917 was, and how crucial it has been in Porsche's history. There's very little bling bling about a 917.

 

Well, I would say les expensive rather than cheaper. BTW, prices are still pretty high from what I got from my hammer price app. Realy can recommend the latter!

Ciao
Oscar

 

Considering how you could use each, makes sense to me.

Edit: I suffer from not reading all of the above posts.

 

Any news on how Lot #65: Marrone Brown 1972 Daytona Spider & Lot #93: 288 GTO do at Bonham's?

 

Neither sold, and Bonham's doesn't list high bid.

 

$445,000 hammer on ex Raab 250 GT Coupe at Gooding.

Paul

 

Thank you.
I saw that on the website. Just wanted to see if anyone caught the highest bids.

 

11,000 mile 328 GTS sold with no reserve at $95,000

Paul