August 2014 Auction Recap

August was a record-setting month for the classic car industry. The first sale of the month was Auctions America’s California sale where this 1960 Mercedes-Benz 300SL Roadster topped the numbers at $1,155,000.

Photo - Auctions America

Photo – Auctions America

Our featured Chrysler Plainsman sold for an impressive $176,000. You can check out full results here.

We didn’t feature anything from Barrett-Jackson’s Reno sale, and frankly I don’t have the time to sift through their site looking for highlights as the process there is just too clunky. So we’ll move on.

Auctions in August of course means Monterey and Pebble Beach. We’ll start with the star of the weekend: Bonhams and their Ferrari 250 GTO which ended up bringing $38,115,000, an all-time record price for any car at auction. It’s an appropriate price for the car, and not the stratospheric number many predicted. It’s a good sign. We featured a number of cars from Bonhams, including this Kissel Kar, which sold for $140,800. The other Ferrari we featured, the 1978 321 T3 F1 car sold for $2,310,000. And the other F1 car, the Brabham-Cosworth, sold for $1,034,000.

Our featured Porsche 908/03 failed to sell. Our pick for the most interesting non-feature car that sold goes to this 1913 Pope-Hartford Model 31 Portola Roadster for $192,500.

Photo - Bonhams

Photo – Bonhams

Our other feature cars both sold: the Speedwell brought $869,000 and the 1908 Napier $1,034,000. Check out full results here. Next up, Mecum in Monterey, where this 1961 Ferrari 250 Series II Cabriolet was the top seller for $2,250,000.

Photo - Mecum

Photo – Mecum

None of our feature cars broke the million dollar mark, although the Kremer-Porsche was close at $930,000. A Duesenberg we featured a long time ago and failed to sell a couple of times before, finally sold here for $1,425,000. The Shelby Turbine car failed to sell, as did the Lester-MG.

Two cars we featured a long time ago that failed to sell also turned up at this sale and failed to sell again. They were the Delage Aerosport and a 1910 Locomobile. The Avia III race car we featured from a dealership was offered here, but it too failed to meet its reserve. The one-off Lazzarrino did sell, for $135,000. Check out full results here.

RM’s Monterey sale was just as impressive as Bonhams. The top seller was the #2 of the weekend, the 1964 Ferrari 275 GTB/C Speciale, at $26,400,000. The Ferrari 250 GT N.A.R.T. Spider brought $1,017,500. The Ferrari F1-2000 sold for $1,804,000. But the Ferrari 333 failed to sell, as did the March-Cosworth. The AAR Eagle-Santa Ana sold for $104,500. What a choppy paragraph.

Cool, non-feature cars were topped by this 1962 Maserati 3500 GT Spyder by Vignale for $764,500. RM also sold the prototype of this model for considerably more, making this seem like a deal.

Photo - RM Auctions

Photo – RM Auctions

The Ford GT40 Roadster Prototype brought $6,930,000 and the Lancia PF200 C sold for $1,100,000. This 1965 Shelby Mustang GT350 Paxton Prototype was a car I wanted to feature but didn’t get a chance to. It sold for $572,000.

Photo - RM Auctions

Photo – RM Auctions

Our other three feature cars were all much older. The amazing 1926 Rickenbacker sold for $946,000. The Stevens-Duryea went for $302,500 and the 1911 Mercer Raceabout, $2,530,000. Check out full results here.

Next up, Gooding & Company: $15,180,000 took home this top-selling 1961 Ferrari 250 GT SWB California Spider.

Photo - Gooding & Company

Photo – Gooding & Company

Our top feature car was the Maserati 250F for $4,620,000 and the Alfa Tipo 256 was right behind it at an even $4,000,000. Our featured Duesenberg and Ferrari 330 GT Speciale both failed to meet their reserves. The AAR-Toyota Eagle GTP brought $1,045,000. Check out full results here.

Last but not least on the Monterey peninsula, Russo & Steele. Our only feature car was the Lola-Mazda from the 80s – it brought $132,000. The top sale was this 1956 Mercedes-Benz 300SL for $1,320,000. Check out full results here.

Photo - Russo & Steele

Photo – Russo & Steele

Tell Us What You Think!

This site uses Akismet to reduce spam. Learn how your comment data is processed.