RM Sotheby's Incredible Success on Second Night of Monterey Sale Led by Ferrari Performance Collection

AddThis Social Bookmark Button
By: RM Sotheby's

RM Sotheby's Incredible Success on Second Night of Monterey Sale Led by Ferrari Performance Collection  MONTEREY, CALIFORNIA (19 August, 2017) - Tonight in Monterey, California, the second evening of RM Sotheby's flagship auction was a resounding success, with nearly all lots sold and several exceeding pre-sale expectations. The night was led by the Ferrari Performance Collection, a single-owner group made up of 13 iconic road-going Ferraris which brought a total of more than $16.5 million. The group, which spanned over 50 years of the marque's rich heritage, boasted low-mileage and had been carefully maintained by the current private owner.

The top price of the evening was set by a Platinum Award-winning 1961 250 GT SWB which sold for a final $8,305,000 after an extended bidding contest. Restored to concours-level, the automobile was one of the last Ferraris made that was eligible to be raced at events such as the 24 Hours of Le Mans with little or no modification in period. Further highlights included a 1967 275 GTB/4, another respected and famed Sixties Ferrari road car, that sold for $3,250,000, while a 1991 F40 exceeded the estimate of $1.3/1.5m to fetch $1,540,000.

Beyond the single-owner group, Ferraris achieved strong prices throughout the sale with a 1965 275 GTB/6C Alloy comfortably exceeding the $2.9 – 3.4 m estimate to sell for $3,575,000 and a 1972 365 GTB/4 Daytona Spider, that had been unseen for 20 years before the pre-sale view, realizing $2,172,500 (est. $1.6/2m). Porsche also saw strong prices with a 1951 Porsche 356 1500 Coupe comfortably exceeding the high estimate to fetch $1,017,500 (est. $600,000 - $700,000).

In addition to icons of the 1960s and 70s, there was strong demand for supercars in tonight's session: a 2015 Ferrari LaFerrari sold for $3,410,000 (est. $3 – 3.8 m), a Porsche 918 Spyder from 2015 beat expectations when it sold for $1,842,500 (est. $1.2/1.6 m), and a 2014 Pagani Huayra Tempesta with only 640 miles from new realized $2,420,000 (est. $2.2/2.8 m).

Saturday night's success follows the record-breaking sale of the 1956 Aston Martin DBR1/1 on Friday, which achieved $22,550,000 to set a new benchmark for any British automobile at auction. Official results and a complete post-sale release including overall total to follow.

Photo credit: RM Sotheby's
posted on conceptcarz.com

Recent News
1955 Studebaker To Be Auctioned To Benefit Charity

In the 1850s Studebaker started making wagons big ones the kind that helped write American history and power Manifest Destiny at ground level While the 1955 Studebaker Champion Conestoga two door......

Record-Setting Bugatti Supercars Steal the Show at RM Sotheby's €23.75 Million Paris Sale

RM Sotheby s enjoyed a fantastic night at its fifth annual Paris sale 7 February bringing in a sale total of 23 745 225 with 83 percent of the 84 lots successfully sold Demonstrating continued......

Bugatti Type 51A and Incredibly Original Porsche 911 2.7 RS Lightweight Take the Spotlight on RM Sotheby's Rétromobile Stand

In addition to presenting an outstanding selection of motor cars to be sold at Place Vauban today in Paris RM Sotheby s is treating visitors to R tromobile with an advanced viewing of two wonderful......

RM Sotheby's Achieves $36.5M with 88 Percent of All Lots Sold in Arizona

RM Sotheby s diverse roster of blue chip collector cars spanning pre War American classics through iconic European sports cars and high performance modern collectibles powered its 19th annual Arizona......

$18M Alloy Ferrari LWB Cal Spider Competizione Leads RM Sotheby's ICONS Sale

NEW YORK 6 December 2017 Iconic motor cars from pre War Classics through today s most sought after hypercars drove RM Sotheby s third Manhattan sale entitled ICONS to a 45 5 million total tonight......

RM Sotheby's in New York - ICONS Sale Exhibition Opens with Unveiling of Stirling Moss Le Mans Jaguar D-Type Set for Arizona

Just in time for the holidays the exhibition for RM Sotheby s third Manhattan sale entitled ICONS will open to the public tomorrow 30 November at Sotheby s York Avenue headquarters ahead of the......


The RM Sotheby s Group is delighted to announce that the Fort Lauderdale sale will return to the Florida coast at the Greater Fort Lauderdale Broward County Convention Center 6 7 April 2018 Celebrated......

Michael Schumacher Monaco Grand Prix-winning Ferrari F2001 Sells for Record $7,504,000 at Sotheby's Contemporary Art Evening Sale

This evening in Manhattan Sotheby s sold the Michael Schumacher Monaco Grand Prix Driver s Championship and Constructor s Championship winning Ferrari F2001 for 7 504 000 est 4m 5 5m setting......

1941 Cadillac Custom Limousine
1941 Cadillac Custom Limousine  1941 Cadillac Custom Limousine  1941 Cadillac Custom Limousine  1941 Cadillac Custom Limousine  1941 Cadillac Custom Limousine  

Vehicle information, history, and specifications from concept to production.

Follow ConceptCarz on Facebook  Follow ConceptCarz on Twitter RSS News Feed

© 1998-2018 Conceptcarz.com Reproduction or reuse prohibited without written consent.