RM Shift/Monterey online auction 2020 - Ferrari record and a surprising Honda
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Created on August 17, 2020
, Reading time 5min
Text:
Bruno von Rotz
Photos:
- Courtesy RM/Sotheby's
63Teddy Pieper - Courtesy RM/Sotheby's
9Courtney Cutchen - Courtesy RM/Sotheby's
5Karissa Hosek - Courtesy RM/Sotheby's
3Darin Schnabel - Courtesy RM/Sotheby's
3Gabor Mayer - Courtesy RM/Sotheby's
3Evan Klein - Courtesy RM/Sotheby's
2Josh Bryan - Courtesy RM/Sotheby's
2Remi Dargegen - Courtesy RM/Sotheby's
2Ryan Merrill - Courtesy RM/Sotheby's
2Juan Martinez - Courtesy RM/Sotheby's
2Maxx Shostak - Courtesy RM/Sotheby's
2Tom Hains - Courtesy RM/Sotheby's
2Jasen Delgado - Courtesy RM/Sotheby's
1Nathan Leach-Proffer - Courtesy RM/Sotheby's
1Tim Scott - Courtesy RM/Sotheby's
1Theodore W. Pieper - Courtesy RM/Sotheby's
1Daniel Rockafellow - Courtesy RM/Sotheby's
1Drew Phillips - Courtesy RM/Sotheby's
1Drew Shipley - Courtesy RM/Sotheby's
1Ted Seven - Courtesy RM/Sotheby's
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Summary
RM/Sotheby's was also forced to find an alternative due to the cancellation of the Pebble Beach Concours d'Elégance. From August 10 to August 15, 2020, 109 classic cars (including two motorcycles) were therefore auctioned online. However, it didn't come cheap: on average, the vehicles, which were 53 years old on average, were valued at USD 491,000. 70 percent of the vehicles were sold for a total of USD 30 million. However, the sales rate for the most valuable 20 cars was only 55 percent. Nevertheless, a new online record was set with a Ferrari 550 GT1 Prodrive, which sold for USD 4.29 million. This auction report analyzes the results in detail and shows the vehicles in pictures.
This article contains the following chapters
- Vehicles sold for over 52 million dollars
- Ferrari in front
- Superclassic armada with mixed results
- One of 11 Porsche 916s sold
- American rarity in demand
- Winner ...
- ... and losers
Estimated reading time: 5min
Preview (beginning of the article)
RM/Sotheby's was also forced to find an alternative due to the cancellation of the Pebble Beach Concours d'Elégance. From August 10 to August 15, 2020, 109 classic cars (including two motorcycles) were therefore auctioned online. The total estimated value was around USD 52.5 million, spread over 107 cars and two motorcycles. There are also some automobilia. On average, the vehicles are around 53 years old. 22 percent of the lots were offered without a reserve price, mainly the cheaper cars. One exception, however, was the BMW M1 Procar from 1980, estimated at USD 600,000 to 800,000. Here, too, no minimum bid was demanded, and observers wondered whether this risk would pay off.
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Current Market Prices (Selection)
Convertible, 485 PS, 5474 cm3
Coupe, 485 PS, 5474 cm3
Coupe, 539 PS, 3586 cm3
2+2 Coupe, 442 PS, 5474 cm3
2+2 Coupe, 442 PS, 5474 cm3
Coupe, 194 PS, 2418 cm3
Coupe, 194 PS, 2418 cm3
Targa, 194 PS, 2418 cm3
Coupe, 220 PS, 2953 cm3
Coupe, 220 PS, 2953 cm3
Coupe, 239 PS, 2953 cm3
Convertible, 239 PS, 2953 cm3