The Monterey auctions have again redefined the auction world’s segment of the collector car market, and, as usual, Ferraris are in the top tier of cars.
Gooding offered 13 Ferraris with one no-sale for a 92% close rate and $40,276,500 in sales. RM had 14 Ferraris on offer, with all selling for a 100% close rate and $30,954,000 in sales. Mecum had 18 Ferraris on offer with three no-sales, for a 67% close rate with $2,025,130 in sales. Russo and Steele had 17 Ferraris on offer with seven no-sales for a 50% sold rate and $1,431,100. Bonhams had five Ferraris on offer and two no-sales for a 60% close rate and $710,000 in sales.
The wild world of Dinos and Daytonas
It did seem strange when a late non-“chairs and flares” 246 GTS, s/n 7914, sold for $252,500, while a chairs and flares 246 GTS, s/n 7908, sold for $467,500.