Millions in rain at the RM auction in Monterey 2013
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Created on August 21, 2013
, Reading time 7min
Text:
Bruno von Rotz
Photos:
Darin Schnabel - Courtesy RM Auctions
78Pawel Litwinski - Courtesy RM Auctions
57Teddy Pieper - Courtesy RM Auctions
17- Courtesy RM Auctions
15Corey Silvia - Courtesy RM Auctions
15Robin Adams - Courtesy RM Auctions
15Jesse James Allen - Courtesy RM Auctions
12Kyle Burt - Courtesy RM Auctions
11Hugh Hamilton - Courtesy RM Auctions
9Mark Stevens - Courtesy RM Auctions
8Michael Furman - Courtesy RM Auctions
6Neil Fraser - Courtesy RM Auctions
6Neil Fraser Photography - Courtesy RM Auctions
5Patrick Ernzen - Courtesy RM Auctions
5Nico Leenders - Courtesy RM Auctions
5Trevor Pearson - Courtesy RM Auctions
2Hideki Tanaka - Courtesy RM Auctions
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Summary
During the Pebble Beach/Monterey Weekend, RM held a highly acclaimed auction on August 16 and 17, 2013, at which 120 vehicles were offered for sale. With more than USD 125 million in sales, this auction went down in the books as the highest-selling event of this genre. More than USD 1 million changed hands for every car sold, and 87.5% of the vehicles were sold. This auction report analyzes the sales and non-sales and lists all the results in detail, supplemented by over 250 images of the vehicles on offer.
This article contains the following chapters
- The most expensive road vehicle ever sold
- Frua-Maserati highly valued
- A tentative start
- 15 vehicles not sold
- Consignors willing to sell
- Results of the RM auction on August 16 and 17, 2013
Estimated reading time: 7min
Preview (beginning of the article)
New price records had been expected, but it was a surprise that RM Auctions would sell more than USD 125 million in Monterey on August 16 and 17, 2013. This was RM's biggest ever turnover at a collector car auction. 120 vehicles (including one ship) had been announced, 87.5% were actually sold. The average hammer price (including the unsold lots) was 95.6% of the mean estimated price. 26 of the vehicles sold exceeded the million mark, in some cases significantly. The average bid for each vehicle sold was over one million USD, so anyone wanting to get their hands on a collector's item had to come with a big wallet.
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Current Market Prices (Selection)
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Coupe, 352 PS, 4390 cm3
Coupe, 280 PS, 3285 cm3
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