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RM Sotheby’s Record-Breaking Monterey 2019 Auction

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It was a wild week at Monterey. Perfect weather and amazing cars could be found around the peninsula, and it allowed our friends at RM Sotheby’s to have a record-breaking Monterey auction. The total of the transactions is over $107 Million, and that figure is comprised of a few of the world’s best cars. The Ming Collection of late-model Ferraris exceeded all estimates, and a James Bond DB5 went for $6.4 Million.

Gord Duff is their Global Head of Auctions, and he commented: “While there was an undertone of measured restraint throughout all the auctions over the weekend, it was encouraging to see record-breaking results for many of the highlight consignments as well as for outstanding collectible, lower value examples in the auction. In particular, seeing the as-new Ming Collection sell with such broad enthusiasm and pre-auction interest, continues to show that client demand for near-perfect late-model examples remains as strong as ever. Coupled with equally impressive results for historically significant cars such as the Ford GT40 Roadster Prototype, the James Bond Aston Martin DB5, and the Ferrari 250 GT SWB, we are confident that as long as the passion for collector cars remains, the market will continue to support it with price-reflective transactions.”

With his comments in mind, let us examine the top 10 sales of their 3-day event:

10. 2014 Pagani Huayra Tempesta “Scozia” – $2,040,000

9. 1969 Ferrari 365 GTS – $2,205,000

8. 2014 Ferrari LaFerrari – $2,947,500

7. 1995 Ferrari F50 – $3,000,000

6. 2006 Ferrari FXX – $3,520,000

5. 1960 Porsche 718 RS 60 Werks – $5,100,000

4. 1965 Aston Martin DB5 “Bond Car” – $6,385,000

3. 1965 Ford GT40 Roadster Prototype – $7,650,000

2. 1962 Ferrari 250 GT SWB Berlinetta – $8,145,000

1. 1994 McLaren F1 ‘LM-Specification‘ – $19,805,000

What do these values represent for our hobby? We’ll leave the speculation up to you. If you don’t want to go through the bidding process, you have a great tool at your fingertips. Click the link below to browse the world’s best resource for exotic cars, and stay with us for all your Monterey news.

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