The preliminary numbers are in: 2020’s Monterey sales have totaled $57,997,150 — closer to 2004’s $48m than 2019’s $245m.
With 2020’s traditional Monterey events canceled, three of the auction houses that typically run Car Week auctions shifted to online bidding and held events close to their typical Monterey dates: RM Sotheby’s, Gooding & Co and Bonhams.
RM Sotheby’s Shift/Monterey event was the highest achiever of the three auctions, representing $30,836,150 in sales. The high sale of the event just so happened to also be a new high water mark for online sales in general — the 2001 Ferrari 550 GT1 Prodrive, which made $4.3m. See the results here.
Gooding & Co totaled $14,358,850 in sales at its Geared Online event, led by a 1966 Ferrari 275 GTB Long Nose at $3.1m. Learn more here.
Bonhams made $12,802,150 at its Quail sale, with a 1959 Porsche 718 RSK Spyder taking high sale honors at $2,232,500. Check out all the cars here.
SCM will have complete coverage from these events in its upcoming November issue, so watch your mailbox for more. Not a subscriber? Learn more about SCM here.