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MONTEREY AUTO WEEK

RM/SOTHEBY'S AUCTIONS

August 15-17, 2019

RM Sotheby’s reported more than $107 million in total sales , with 74 percent of all lots sold. Despite shifting market conditions observed throughout the auctions this year, RM Sotheby’s experienced some great sales achieved for the more exceptional collector cars over the course of the three-day Monterey sale, including several new world records. Their top lot of the auction, and the most valuable car sold during Monterey Auto Week was a 1994 McLaren F1 “LM-Specification”, thought to be the world’s most famous modern supercar, selling for a staggering $19,805,000, which set a new auction record for Ferraris sold. The prized example sold to a private collector in the United States.

Gord Duff, Global Head of Auctions, RM Sotheby’s:


“While there was an undertone of measured restraint throughout all the auctions over the weekend, it was encouraging to see record-breaking results for many of the highlight consignments as well as for outstanding collectable, lower value examples in the auction. In particular, seeing the as-new Ming Collection sell with such broad enthusiasm and pre-auction interest, continues to show that client demand for near-perfect late-model examples remains as strong as ever. Coupled with equally impressive results for historically significant cars such as the Ford GT40 Roadster Prototype, the James Bond Aston Martin DB5, and the Ferrari 250 GT SWB, we are confident that as long as the passion for collector cars remains, the market will continue to support it with price-reflective transactions.” 

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RM/Sotheby's Top 10 Results:

1. 1994 McLaren F1 “LM spec” Coupe $19,805,000
2. 1962 Ferrari 250 GT SWB Coupe $8,145,000
3. 1965 Ford GT40 Prototype Roadster $7,650,000
4. 1965 Aston Martin DB5 Saloon “Bond Car" $6,385,000
5. 1960 Porsche 718 RS 60 Werks Race Car $5,120,000
6. 2006 Ferrari FXX Coupe $3,525,000
7. 2014 Ferrari LaFerrari Coupe $2,947,500
8. 1969 Ferrari 365 GTS Spider $2,205,000
9. 2014 Pagani Huayra Tempesta Coupe $2,040,000
10. 1966 Ferrari 275 GTB Long Nose Coupe $1,985,000 

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