RM Sotheby’s Achieves $161m in Sales in Monterey

RM Sotheby’s had a big three days in Monterey. In total, the company racked up $161,169,680 in sales at this 27th annual event, with 87% of the lots on offer finding new homes.

Top sale at this flagship event was the 1960 Ferrari 250 GT SWB California Spider — the first SWB Cal Spider built — which sold for $17,055,000. Just behind it was the 1955 Ferrari 410 Sport Spider, driven by Carroll Shelby in competition in-period, which sold for $12,985,000.

A 1995 Ferrari F50 with just 8,556 miles set a new world record price of $5,505,000, while a 1935 Auburn 851 Supercharged Speedster brought $1,270,000 — besting the past high sale by over $500k. A 1989 Lamborghini LM002 also set a new world record auction price of $703,500, while a 2019 Porsche 911 Speedster in paint-to-sample Grand Prix White over Yachting Blue leather sold for $775,000. 

In total, 33 lots achieved over $1m each at RM Sotheby’s, and five lots brought over $5m.

“It felt like all of the Monterey Car Week attendees were in the room throughout the auction weekend, and we presented an incredibly diverse group of cars,” said Gord Duff, Global Head of Auctions, RM Sotheby’s. “We saw over a dozen examples break world records, including the Ferrari F50, which sold for $5.5 million, among others. The energy in the room on Saturday was electric, and it was especially gratifying to see the first California Spider find a new home for over $17m. Overall, the entire weekend was amazing, and now we’re looking ahead to the fall, where we’ll be offering the Mercedes-Benz W196 and more.” 

Top 10 Lots

1960 Ferrari 250 GT SWB California Spider by Scaglietti, sold for $17,055,000

1955 Ferrari 410 Sport Spider by Scaglietti, sold for $12,985,000

1959 Ferrari 250 GT LWB California Spider by Scaglietti, sold for $5,615,000

1995 Ferrari F50, sold for $5,505,000

1967 Ferrari 275 GTB/4 NART Alloy by Scaglietti, sold for $5,285,000

1934 Alfa Romeo 8C 2300 Lungo Spider by Eagle Coach Works, sold for $4,075,000

2023 Bugatti Chiron Super Sport, sold for $3,497,500

1966 Ferrari 275 GTB/6C Alloy by Scaglietti, sold for $3,481,000

2021 Bugatti Chiron Sport Noire, sold for $3,360,000

1932 Delage D8 S Roadster by Pourtout, sold for $3,305,000

Records Broken

1971 Maserati Ghibli SS 4.9 Spyder by Ghia, sold for $775,000 

1932 Delage D8 S Roadster by Pourtout, sold for $3,305,000

1935 Auburn 851 Supercharged Speedster, sold for $1,270,000

1996 Vector M12, sold for $246,400

1995 Ferrari F50, sold for $5,505,000

2005 Mercedes-Benz CLK DTM AMG Cabriolet, sold for $621,000

1989 Lamborghini LM002, sold for $703,500

2003 Saleen S7 ‘Competition Package,’ sold for $709,000

2023 Porsche 911 Sport Classic, sold for $764,000

2008 Spyker C8 Laviolette, sold for $582,500

1974 Porsche 911 Carrera RS 3.0, sold for $2,370,000

1996 Porsche 911 Speedster Remastered by Gunther Werks, sold for $1,215,000

2008 Lamborghini Murciélago LP640 Roadster, sold for $1,352,500

2009 Ferrari 430 Scuderia, sold for $478,000

2023 Bugatti Chiron Super Sport, sold for $3,497,500

1985 Porsche 959 ‘Vorserie,’ sold for $1,655,000

Learn more here.

About The Author

Jim Pickering

See author's posts