$1.9 Million Ferrari F50 Leads Auctions America’s $14.2m Santa Monica Auction

AA Ferrari

The supercar market is still hot.

A 1995 Ferrari F50 brought $1.9 million, and a 1988 Porsche 959 “Komfort” reeled in $1,250,000 at Auctions America’s June 25-26 auction in Santa Monica, CA.

Total sales were $14.2 million, which is a strong result in the ultra-picky Southern California collector car market.

“We’re very pleased with both the results achieved and the strong attendance enjoyed at our Santa Monica sale on the weekend,” said Ian Kelleher, Managing Director of Auctions America West Coast Division. “The fact that bidder registrations increased almost 30 percent on last year, and 50 percent of bidders represented first-time clients to Auctions America, speaks to both the quality and diversity of this year’s offering, as well as our team’s extensive marketing efforts.” Read more.

 

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