2016 Monterey Auction Results

Thank you to Hagerty for once again providing a detailed report on the Monterey auctions. Listed below are the raw results witnessed by Hagerty during the live auctions and may not factor in any post-sale deals that have occurred. These numbers include the appropriate buyer’s premiums.

Overall from all auction companies:

Cumulative Total: $339.7M

724/1,273 lots sold: 56% sell-through rate

Average Sale Price: $469,149

Median Sale Price: $90,750

2015 Cumulative Results

Cumulative Total: $396.8M

870/1,387 lots sold: 58% sell-through rate

Average Sale Price: $456,067

Median Sale Price: $93,500

Overall Top 10 Sales from all auctions:
1955 Jaguar D-Type Roadster (RM Sotheby’s) sold for $21,780,000

1939 Alfa Romeo 8C 2900B Lungo Spider (RM Sotheby’s) sold for $19,800,000

1959 Ferrari 250 GT California LWB Alloy Spider (Gooding & Company) sold for $18,150,000

1962 Shelby Cobra 260 Roadster (RM Sotheby’s) sold for $13,750,000

1960 Ferrari 250 GT SWB Competizione Coupe (Gooding & Company) sold for $13,500,000

1933 Alfa Romeo 8C 2300 Monza Roadster (Gooding & Company) sold for $11,990,000

1932 Bugatti Type 55 Roadster (Gooding & Company) sold for $10,400,00

1956 Ferrari 250 GT TdF Coupe (RM Sotheby’s) sold for $5,7200,00

1950 Ferrari 166 MM Berlinetta (Gooding & Company) sold for $5,445,000

1955 Ferrari 750 Monza Spider (RM Sotheby’s)sold for $5,225,000

Comments

maseratiguy Reader
8/22/16 9:57 p.m.

I know I may be a little crazy, but what interests me more is the top ten BOTTOM sales? The cars that went least.

Crossworth New Reader
8/26/16 1:09 a.m.

I second Maseratiguy. I am curious what the BOTTOM 10 are.

Trans_Maro PowerDork
8/26/16 1:26 a.m.

We came home with an AC Cobra and a Mercedes 540K

Watching the D-type go through for 20mil was insane. Some random in the room threw up his hand at 17mil with a great big "Woooo!"

I think the next 30 seconds were the longest of his life. Good thing someone outbid him, it was hilarious.

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