1909 Hotchkiss Coupe de Ville

1909 Hotchkiss Type T Coupe de Ville by Eugene Boulogne et Fils

Offered by RM Auctions | London, U.K. | September 8, 2014

Photo - RM Auctions

Photo – RM Auctions

Look at that aerodynamic windshield. I love cars from this era because they were meant to do things. They moved people who no longer wished to use a horse. Yet they were exquisite in their detail and design. It wasn’t about streamlining for gas mileage. It was about accomplishing a task.

Hotchkiss started life as an arms manufacturer (as did a couple of other French automobile companies). The Hotchkiss brothers who founded the company were actually from Connecticut but they were gone before auto production started in 1902.

The Type T was new for 1907 and lasted through 1911. It uses a 3.1-liter straight-four and it was the smallest car they offered. The body is somewhat regal and was built by a little known French coachbuilder. It is believed this is the only Hotchkiss they bodied. This car is pretty much entirely original, which is amazing.

Less than 400 Type Ts were built. Not many are left, but this is the only one from this coachbuilder and it is as it was in 1909. A simply incredible opportunity. The price will range between $165,000-$210,000. Click here for more info and here for more from this sale.

Update: Sold on the cheap, $65,327.

Jaguar XJR-15

1991 Jaguar XJR-15

Offered by RM Auctions | London, U.K. | September 8, 2014

Photo - RM Auctions

Photo – RM Auctions

Everyone talks about the Jaguar XJ220 and how amazing it was (and how it was kind of a flop). It was one of the most well-known supercars of the 1990s. But no one ever mentions the XJR-15, the XJ220s direct predecessor and equal-in-awesomeness.

The droopy-eyed front end was styled by the same guy who went on to do the McLaren F1. The car is based around Jaguar’s Group C-dominating XJR-9 and XJR-12. The XJR-15 was a road car from the get-go, becoming the first street-legal vehicle that is fully made of carbon fiber. The engine is a Group-C spec 6.0-liter V-12 making 450 horsepower. The top speed was 191 mph (although 215 is listed – which would make it faster than the XJ220 that replaced it and the XJ220 was widely known as the “world’s fastest production car.”)

The cars were assembled by Tom Walkinshaw Racing and they sold new for approximately $1 million. 50 were scheduled to be built, but only 27 were turned out as road cars (there were 16 race versions built for a one-make racing series that ran three events in 1991 alongside the F1 calendar). It’s far rarer than an XJ220

This is an legitimate early-90s supercar and one that doesn’t get much respect today. If I were a supercar collector (I mean, when I become a supercar collector) this will definitely be on my list of “must-haves.” You can buy it for between $300,000-$425,000. Click here for more info and here for more from this sale.

Update: Sold $363,964 (outselling XJ220 at same sale)

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

1986 Indy 500 Champion

1986 March 86C Cosworth

Offered by RM Auctions | Monterey, California | August 15-17, 2014

Photo - RM Auctions

Photo – RM Auctions

This was the car in CART in 1986. Fielded by Truesports, the March 86C was campaigned by Bobby Rahal for the 1986 season. It is powered by a 700 horsepower 2.7-liter Cosworth turbo V-8. Just take a look at this car’s competition history:

  • 1986 Indianapolis 500 – 1st (with Bobby Rahal)
  • 5 other wins that season
  • 1986 CART Championship

The chance to own an Indy 500-winning car is a very rare thing, and one this cool driven by such a legend makes it even better. The car still retains its race-winning engine. It should sell for between $1,750,000-$2,500,000. Click here for more info.

S/N: 86C-13

Update: Not sold, high bid of $1,550,000.

Top Open-Wheel Cars in Monterey

Open-Wheel Race Cars

Offered during the Pebble Beach Concours Weekend | August 15-17, 2014


 1986 March 86C Cosworth

Offered by RM Auctions

Photo - RM Auctions

Photo – RM Auctions

This was the car in CART in 1986. Fielded by Truesports, the March 86C was campaigned by Bobby Rahal for the 1986 season. It is powered by a 700 horsepower 2.7-liter Cosworth turbo V-8. Just take a look at this car’s competition history:

  • 1986 Indianapolis 500 – 1st (with Bobby Rahal)
  • 5 other wins that season
  • 1986 CART Championship

The chance to own an Indy 500-winning car is a very rare thing, and one this cool driven by such a legend makes it even better. The car still retains its race-winning engine. It should sell for between $1,750,000-$2,500,000. Click here for more info.

S/N: 86C-13

Update: Not sold, high bid of $1,550,000.


2000 Ferrari F1-2000

Offered by RM Auctions

Photo - RM Auctions

Photo – RM Auctions

The F1-2000 was, you guessed it, Ferrari’s F1 car for the 2000 season. And guess who drove for Ferrari in 2000? That’s right, Michael Schumacher. And it was one of those seasons that he had with Ferrari where he nearly won everything on the calendar. He also won the championship. This car won the 2000 Brazilian Grand Prix. The engine is a monster: 3.0-liter V-10 making 770 horsepower. It should sell for between $1,750,000-$2,500,000. Click here for more.

S/N: 198

Update: Sold $1,804,000.


1970 Brabham-Cosworth BT33

Offered by Bonhams

Photo - Bonhams

Photo – Bonhams

You’re looking at the final car driven by Jack Brabham in Formula One. In fact, he won his final grand prix in this car – the 1970 South African Grand Prix. What’s even better, this is a Brabham chassis and he remains the only person to ever win in a car bearing his own name. The car looks fabulous. The engine is too: it’s a Cosworth V-8 of 3.0-liters and puts out 430 horsepower at an ear-shattering 10,000 rpm. It can be yours for between $1,000,000-$1,400,000. Click here for more info.

Update: Sold $1,034,000.


1978 Ferrari 312 T3

Offered by Bonhams

Photo - Bonhams

Photo – Bonhams

The Ferrari 312 T3 was Ferrari’s second car for the 1978 Formula One Season. The car used for the first two races was a carryover from 1977. The T3 was introduced for the third race. This car was driven primarily by Carlos Reutemann (who won the 1978 British Grand Prix in it). It also driven by Gilles Villeneuve. Villeneuve won the 1978 Race of Champions (a non-points F1 race) in this car. The engine is a 530 horsepower 3.0-liter Flat-12. Ferrari built five of these cars and this one is offered in more-or-less as-raced conditions and has spent many years in the Maranello Rosso Collection. It should sell for between $1,500,000-$2,000,000. Click here for more info.

Update: Sold $2,310,000.


1969 AAR Eagle-Santa Ana

Offered by RM Auctions

Photo - RM Auctions

Photo – RM Auctions

Here’s the last open-wheel car we’ll feature from Monterey (mostly because I just lost all of the work I did on this post and had to start over – there are other awesome racers this weekend). This car comes from AAR, Dan Gurney’s All American Racers. It was their car for 1969 and it uses a 5.2-liter Ford V-8. AAR built four of them, three of which raced at the Indy 500 that year. This one did not, although Gurney did run it in practice. The only racing this car has ever done is on the historic circuit and it has been in the same ownership for nearly a quarter of a century. It can be yours for between $125,000-$175,000. Click here for more info.

Update: Sold $104,500.

AAR Eagle-Santa Ana

1969 AAR Eagle-Santa Ana

Offered by RM Auctions |  Monterey, California | August 15-17, 2014

Photo - RM Auctions

Photo – RM Auctions

Here’s the last open-wheel car we’ll feature from Monterey. This car comes from AAR, Dan Gurney’s All American Racers. It was their car for 1969 and it uses a 5.2-liter Ford V-8. AAR built four of them, three of which raced at the Indy 500 that year. This one did not, although Gurney did run it in practice. The only racing this car has ever done is on the historic circuit and it has been in the same ownership for nearly a quarter of a century. It can be yours for between $125,000-$175,000. Click here for more info.

Update: Sold $104,500.

Ferrari F1-2000

2000 Ferrari F1-2000

Offered by RM Auctions | Monterey, California | August 15-17, 2014

Photo - RM Auctions

Photo – RM Auctions

The F1-2000 was, you guessed it, Ferrari’s F1 car for the 2000 season. And guess who drove for Ferrari in 2000? That’s right, Michael Schumacher. And it was one of those seasons that he had with Ferrari where he nearly won everything on the calendar. He also won the championship. This car won the 2000 Brazilian Grand Prix. The engine is a monster: 3.0-liter V-10 making 770 horsepower. It should sell for between $1,750,000-$2,500,000. Click here for more.

S/N: 198

Update: Sold $1,804,000.

Mercer Raceabout

1911 Mercer Type 35R Raceabout

Offered by RM Auctions | Monterey, California | August 15-16, 2014

Photo - RM Auctions

Photo – RM Auctions

You’re looking at one of the most important cars of all time. The Raceabout was Mercer’s signature model and it was available in some form or another from a year after the inception of the company (1911) until the company closed up in 1925.

What this is then is a Raceabout from the first year of manufacture. The car tamed a bit with age as it changed with the times, but these early cars are raw, performance machines. It is the original sports car, supplying a formula that cars would follow for the next 100+ years: big power, lightweight chassis, and a nimble chassis that meant a great motoring experience.

The Type 35R was new for 1911 and was available as a four-passenger Toy Tonneau (Type 35) or the two-passenger Raceabout (Type 35R), like you see here. The engine is a 4.9-liter straight-four that supposedly makes 58 horsepower. It’s actually a relatively small engine for the times, and that’s a lot of power for such an elemental car.

These were among the first “collectible” cars. This Type 35R was originally bodied differently but was converted to Raceabout form around 1945. It has known ownership history from new – and it’s been in the family of Henry Austin Clark Jr. since he bought it in 1949. That’s a long time. This is the earliest T-Head 1911 Mercer in existence, and it should bring between $3,500,000-$4,500,000. Click here for more info and here for more from RM in Monterey.

Update: Sold $2,530,000.

1913 Stevens-Duryea

1913 Stevens-Duryea Model C-Six Five-Passenger Touring

Offered by RM Auctions | Monterey, California | August 16, 2014

Photo - RM Auctions

Photo – RM Auctions

The Stevens-Duryea was a car for millionaires. The Vanderbilts drove one – a C-Six to be exact (it’s still on display at the Biltmore and if you’ve been there, you’ll know that the car is huge). Stevens-Duryea was founded when J. Frank Duryea and his brother Charles developed what I can only imagine to resemble an Oasis-level brotherly feud. J. Frank left and designed his own car, which the J. Stevens Arms & Tool Company wanted to be part of. J. Frank, J. Stevens… was J. Geils there too? (Okay, enough musical jokes).

The C-Six was produced for 1913 and 1914 only. It was available in a number of body styles over two wheelbases and featured a 44.6 horsepower (44.8 for 1914!) 7.5-liter straight-six engine. The restoration on this car was completed in 2008 and the details are perfect – check out more pictures on RM’s website here.

The current owners acquired the car in 2010 and the car is described as running well. It is one of nine C-Sixes known to survive and it is fantastic. It should sell for between $200,000-$275,000. Click here for more from this sale.

Update: Sold $302,500.

July 2014 Auction Recap

Welcome to our July 2014 auction rundown, beginning with Artcurial’s 2014 Le Mans sale. The top sale was this 1961 Mercedes-Benz 300SL for $1,505,502.

Photo - Artcurial

Photo – Artcurial

Our feature cars all sold, with the Jaguar Buetler Prototype leading the way and smashing its estimate, selling for $217,162. Both other cars, the D.B. HBR5 and the Koenig Testarossa, sold for $160,860 each. Interesting cars were topped by this 1966 Fiat 1500 GT Barchetta by Ghia for $96,516. Check out full results here.

Photo - Artcurial

Photo – Artcurial

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