Final Results From Monterey: $428m

The six auctions of Monterey Car Week have released their official sales totals, and the numbers are the biggest we’ve ever seen: $428m for 828 cars sold, which averages out to $517k per car. That’s a 39% increase beyond the $308m of Monterey Car Week 2013 and a 28% higher average price, although just 5% more cars were sold. Collector car values are definitely still on the rise.

Here are the overall sales figures for each auction. The November issue of Read More

First Look: Preliminary Monterey Sales Total $400m, and a Post-War Ferrari Wins Pebble Beach Best of Show

Preliminary reports put the cumulative sales of Monterey Car Week 2014 at a whopping $400m, with 745 cars sold out of 1,235 offered — growth of 30% over last year’s cumulative $308m, and a bump in average sold price to $536k from $405k. The overall totals are sure to increase, once post-block sales are concluded. Also, these overall figures do not include numbers from Rick Cole, but we expect to receive that information shortly.

Watch this space for official final Read More

Bonhams Sells Ferrari 250 GTO for $38m!

A Ferrari 250 GTO hammered sold for $34,650,000 at day one of Bonhams‘ Quail Lodge sale. Including the 10% buyer’s premium, the GTO was $38,115,000.

Today’s sale consisted of the 10-lot Maranello Rosso Collection. The Collection sold for a combined $65,945,000. About 100 more cars will cross the block on Friday, August 14.

Watch this space for full Monterey auction results throughout the week.

Eight Zagatos to be Shown Together for the First Time at Concorso Italiano

Monterey, Calif. (August 5, 2014) – In honor of Zagato Atelier’s 95th Anniversary Concorso Italiano, known as the world’s largest showing of exotic Italian cars, announced today that it will display eight stunning Zagato Atelier Contemporary Collectibles on Aug. 16 at the Black Horse Golf Course in Seaside, Calif. This will be the first time these cars have ever been shown together.

This exquisite grouping of one-of-a-kind cars will be shown at Concorso Italiano as part Read More

Monterey Car Week Starts Now! Here’s Our Final Star Car Preview

SCM is on the road, headed to Monterey. Here are six star cars with links to all the auction house catalogs:

RM Auctions will offer a 1967 Ferrari 275 GTB/4 by Scaglietti (pictured above, RM estimate: $8m–$12m) at their sale in downtown Monterey. The auction takes place August 15–16. View the RM online catalog here.

The ex-Briggs Cunningham 1954 Mercedes-Benz 300SL Gullwing  (Gooding estimate: $3.5m–$4.5m) is among the featured cars at Gooding & Read More

Visit Us in Monterey and Win a Free Motorbooks Book!

Free is a rare word during Monterey Car Week, but our good friends at Motorbooks are helping us make it happen. Just stop by an SCM booth at the Gooding & Company auction, Concorso Italiano, Legends of the Autobahn or SCM’s Monterey Insider’s Seminar to enter our drawing for a free Motorbooks book. We’re giving away copies of:

Art of The Classic Car

Art of The Le Mans Race Car

Automotive Fine Arts Society at Pebble Beach

CARMEL, Calif. – July 18, 2014 – The Automotive Fine Arts Society (AFAS) will return to the Pebble Beach Concours d’Elegance on August 17, from 9:00 a.m. to 4:30 p.m., with a selection of their latest automotive artwork. Sponsored by The Lincoln Motor Company for the 19th year, the AFAS exhibit will showcase the latest creations of the fin automotive artists at the Lodge at Pebble Beach in Carmel, California.

Ken Eberts, AFAS President and one of Read More

The Concours d’Elegance at Stan Hywet Hall & Gardens

The Concours d’Elegance at Stan Hywet Hall & Gardens will be held September 19-21, 2014 on the grounds of the 70-acre estate, located in Akron, OH.

“Few settings equal the elegance of Stan Hywet Hall & Gardens,” said David Schultz, concours executive director, who previously served as executive director of the Glenmoor Gathering, the precursor to this new Northeast Ohio event.

“Our 2014 features include Pierce-Arrow, Duesenberg, Packard Darrin, pre-1929 American motorcycles, Cord, classic American woodies and a fun class—Vehicles that Read More

More Star Cars! Here’s This Week’s Monterey Preview

The glossy Monterey catalogs are piling up here at SCM headquarters. Here are six headliners that we’re keeping our eyes on:

RM Auctions will offer the ex-Hotchkis Racing 1986 Porsche 962 IMS GTP (pictured above, RM estimate: $800k–$1m) at their sale in downtown Monterey. The auction takes place August 15–16. View the RM online catalog here.

A 1956 Maserati 250F  (Gooding estimate: $4m-$6m) is among the featured cars at Gooding & Company‘s Pebble Beach Read More