Monterey Update: Five Auctions, $172m in Sales!
Final numbers from RM, Gooding, Bonhams & Butterfields, Mecum, and Russo and Steele's Monterey events are in, showing a combined $172m in sales.
This year's top grossing spot went to RM Auctions, with 209 of 224 lots sold over three days for a final total of $66,886,000. The 1958 Ferrari 250 TR racer, perhaps the most anticipated car of the weekend, crossed the block in downtown Monterey on Saturday night, but after starting at $6m on the block, it failed to sell at $10.7m. Tied for top sale honors were a 1938 Talbot-Lago T150 coupe and a 1954 Ferrari 375MM Berlinetta at $4.6m each.