RM Sotheby’s 2015 Monterey auction sets records

Filed under: , , , ,

Over three days RM Sotheby's sold $172.7 million of vehicles in Monterey, including the highest price ever paid for a Jaguar at auction. The sale of a 1956 Ferrari 250 GT Berlinetta Competizione 'Tour de France' brought $13.2 million.

Continue reading RM Sotheby's 2015 Monterey auction sets records

RM Sotheby's 2015 Monterey auction sets records originally appeared on Autoblog on Sun, 16 Aug 2015 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

1956 Ferrari 250 Tour de France could fetch $11M [w/video]

Filed under: , ,

This is the car that started a string of victories for Ferrari at the Tour de France in the hands of the Marquis de Portago, securing its handle and place in history. Now it's going up for auction in Monterey.

Continue reading 1956 Ferrari 250 Tour de France could fetch $11M [w/video]

1956 Ferrari 250 Tour de France could fetch $11M [w/video] originally appeared on Autoblog on Wed, 29 Jul 2015 08:44:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

RM Sotheby’s plans huge supercar auction for Monterey

Filed under: , ,

RM Sotheby's announces the consignment of the Pinnacle Portfolio, a staggering array of supercars and classics set to hit the auction block in Monterey in August.

Continue reading RM Sotheby's plans huge supercar auction for Monterey

RM Sotheby's plans huge supercar auction for Monterey originally appeared on Autoblog on Thu, 04 Jun 2015 12:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Beautiful Ferrari 250 California poised to break hearts, records

Filed under: , , ,

This gorgeous 1961 Ferrari 250 GT SWB California Spider is headlining RM Sothebys' auction at Lake Como next month, where it is projected to fetch around $13 million.

Continue reading Beautiful Ferrari 250 California poised to break hearts, records

Beautiful Ferrari 250 California poised to break hearts, records originally appeared on Autoblog on Mon, 27 Apr 2015 10:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Sotheby’s acquires 25 percent of RM Auctions

Filed under: ,

Two of the greatest auction houses are teaming up as Sotheby's acquires part of RM Auctions to operate under the joint banner of RM Sotheby's.

Continue reading Sotheby's acquires 25 percent of RM Auctions

Sotheby's acquires 25 percent of RM Auctions originally appeared on Autoblog on Fri, 20 Feb 2015 07:59:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

These are the top 10 highest-grossing auctions of Scottsdale 2015

Filed under: , ,

Between Barrett-Jackson, RM Auctions, Gooding & Company and Bonhams, this weekend saw over $292 million in classic cars and trucks change hands in Scottsdale, Arizona. These are the top ten most valuable lots, a list dominated by Ferraris - starting with the $9.6-million 250 LM.

Continue reading These are the top 10 highest-grossing auctions of Scottsdale 2015

These are the top 10 highest-grossing auctions of Scottsdale 2015 originally appeared on Autoblog on Mon, 19 Jan 2015 19:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

1964 Ferrari 250 LM sets Arizona auction record at $9.6 million [w/video]

Filed under: , ,

RM Auctions moves $63.7 million worth of metal, including a 1964 Ferrari 250 LM that set the record for the highest ever paid at the Arizona event at $9.6 million.

Continue reading 1964 Ferrari 250 LM sets Arizona auction record at $9.6 million [w/video]

1964 Ferrari 250 LM sets Arizona auction record at $9.6 million [w/video] originally appeared on Autoblog on Mon, 19 Jan 2015 10:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Super-rare Lamborghini Miura SV Jota promises to break records

Filed under: , , ,

This rare Miura SV, one of only five converted at the factory to Jota specification, promises to be the most expensive Lamborghini ever sold at auction... if it meets its pre-sale estimate of $2-2.6 million.

Continue reading Super-rare Lamborghini Miura SV Jota promises to break records

Super-rare Lamborghini Miura SV Jota promises to break records originally appeared on Autoblog on Mon, 05 Jan 2015 09:13:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

1911 Mercer Type 35R expected to fetch $3M in Monterey

Filed under: ,

1911 Mercer Type 35R Raceabout

The history books are filled with defunct American automakers, from Duesenberg and Studebaker to Plymouth and Pontiac. But few of them are as missed by vintage automobile enthusiasts as Mercer. The company only operated between 1909 and 1925, but in that short span of time it produced one of the earliest, most successful racing machines: the legendary Type 35R Raceabout.

One of the fastest vehicles of the 1910s, the Mercer Type 35R Raceabout was a bare-bones two-seat speedster with an 4.8-liter inline-four that produced just 55 horsepower. Considered, according to specialist Shelby Myers, to be the Ferrari 250 GTO of its day, the Type 35R was capable of reaching speeds in excess of 90 miles per hour - positively blinding over a century ago.

This 1911 example is one of the finest and best-known in existence. It belonged to legendary collector Henry Austin "Austie" Clark, Jr., and was a regular fixture at vintage racing events and classic car shows across America. Chassis 35-354 resided for 65 years in Clark's Long Island Automotive Museum, remaining in his family long after the museum closed and merged into the Henry Ford Museum. Now it's going up for auction for the first time in its long life, consigned to RM Auctions that will put it on the block in Monterey during the Pebble Beach weekend, where it is projected to fetch between $2.5 and $3.5 million.

Continue reading 1911 Mercer Type 35R expected to fetch $3M in Monterey

1911 Mercer Type 35R expected to fetch $3M in Monterey originally appeared on Autoblog on Fri, 13 Jun 2014 08:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Steve McQueen’s Ferrari 275 GTB/4 to be auctioned in Monterey

Filed under: , , , , ,

1967 Ferrari 275 GTB/4

We know from many, many years of watching classic car auctions, that there are certain qualities that ensure big money. For example, putting tiny silver horses and/or yellow badges on a red car will probably bring in a lot of cash. This is doubly true if said car hails from the 1950s or 1960s, and it's triply true if some dude drove it around in circles or if a celebrity owned it. That, friends, is how you make the serious dosh at auction.

Considering that, we should expect big, big things when this 1967 Ferrari 275 GTB/4 crosses the block at the big RM Auctions event during the festivities surrounding the 2014 Pebble Beach Concours d'Elegance.

Terrence Steven McQueen, better known as Steve McQueen and even better known as the coolest actor of the 1960s and 1970s, originally purchased this car while filming Bullitt in San Francisco, which should provide a big boost to its sale price.

As previously reported, this car has undergone a full restoration and has received its certification from the team at Ferrari Classiche. Beyond that, though, we're kind of in the dark about this beauty. We don't even have a rough guess of how much it'll go for.

That's where you come in. Considering that the price of classic Ferraris is increasing with all the regularity of Old Faithful, how much do you think McQueen's 275 will call for when it hits the stage in August? Head into Comments and let us know.

Steve McQueen's Ferrari 275 GTB/4 to be auctioned in Monterey originally appeared on Autoblog on Sat, 10 May 2014 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments