Monterey 2012: Cumulative total surpasses $260M

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: $262.1M
754/1,217 lots sold: 63%
Average Sale Price: $343,968

2011 Cumulative Results
Cumulative Total: $197.5M
882/1,373 lots sold: 64%
Average Sale Price: $223,950

Overall Top 10 Sales from all auctions:

1. 1936 Mercedes-Benz 540K Special Roadster sold for $11,770,000 (Gooding)
2. 1960 Ferrari 250 GT California LWB Competizione Spyder sold for $11,275,000 (Gooding)
3. 1968 Ford GT40 Gulf/Mirage Coupe sold for $11,000,000 (RM)
4. 1962 Ferrari 250 California GT SWB Spyder sold for $8,580,000 (RM)
5. 1955 Ferrari 410 S Berlinetta sold for $8,250,000 (RM)
6. 1956 Ferrari 250 GT TdF Coupe sold for $6,710,000 (RM)
7. 1957 Ferrari 250 GT California LWB Prototype Spyder sold for $6,600,000 (Gooding)
8. 1955 Ferrari 857 Sport sold for $6,270,000 (Gooding)
9. 1928 Bentley Le Mans 4 1/2 Liter sold for $6,050,000 (Gooding)
10. 1972 Porsche 917/10 Spyder sold for $5,830,000 (Mecum)

Results broken down by auction company

Gooding and Company

Cumulative Total: $113.6M
108/122 lots sold: 89% sell-through rate
Average Sale Price: $1,052,005

Overall Top 10 Sales:

1. 1936 Mercedes-Benz 540K Special Roadster sold for $11,770,000
2. 1960 Ferrari 250 GT California LWB Competizione Spyder sold for $11,275,000
3. 1957 Ferrari 250 GT California LWB Prototype Spyder sold for $6,600,000
4. 1955 Ferrari 857 Sport sold for $6,270,000
5. 1928 Bentley Le Mans 4 1/2 Liter sold for $6,050,000
6. 1965 Ford GT40 Prototype sold for $4,950,000
7. 1953 Ferrari 340 MM Spyder sold for $4,730,000
8. 1957 Ferrari 500 TRC sold for $4,510,000
9. 1953 Jaguar C-Type Roadster sold for $3,725,000
10. 1959 Maserati Tipo 61 Birdcage sold for $3,520,000

2011 Cumulative Results
Total: $78.2M
107/127 lots sold: 84% sell-through rate
Average Sale Price: $730,671

RM

Cumulative Total: $94.6M
107/122 lots sold: 88% sell-through rate
Average Sale Price: $883,819

Overall Top 10 Sales:

1. 1968 Ford GT40 Gulf/Mirage Coupe sold for $11,000,000
2. 1962 Ferrari 250 GT California SWB Spyder sold for $8,580,000
3. 1955 Ferrari 410 S Berlinetta sold for $8,250,000
4. 1956 Ferrari 250 GT TdF Coupe sold for $6,710,000
5. 1938 Horch 853A Roadster sold for $5,170,000
6. 1955 Aston Martin DB3S sold for $3,685,000
7. 1967 Ford GT40 Mk I Coupe sold for $2,860,000
8. 1938 Talbot-Lago T23 Teardrop Coupe sold for $2,640,000
9. 2001 Bentley Speed 8 Le Mans sold for $2,530,000
10. 1960 Aston Martin DB4 GT Coupe sold for $2,035,000

2011 Cumulative Results
Total: $79.2M
123/145 lots sold:85% sell-through rate
Average Sale Price: $643,902

Mecum

Cumulative Total: $30.7M
318/554 lots sold: 57% sell-through rate
Average Sale Price: $96,584

Overall Top 10 Sales:

1. 1972 Porsche 917/10 Spyder sold for $5,830,000
2. 1908 Simplex 50 Speedcar Roadster sold for $2,014,000
3. 1972 Ferrari 365 GTB/4 Daytona Spyder sold for $1,113,000
4. 1974 Porsche 911 RSR IROC sold for $927,500
5. 1987 Porsche 962 sold for $874,500
6. 1965 Shelby Cobra 289 Roadster sold for $636,000
7. 1968 Chevrolet Corvette L88 Convertible sold for $609,500
8. 1977 Porsche 935 Desperado Racecar sold for $577,700
9. 1967 Chevrolet Corvette COPO Convertible sold for $556,500
10. 1973 Porsche 911 Carrera RS Lightweight Coupe sold for $498,200

2011 Cumulative Results
Total: $22.6M
444/740 lots sold: 60% sell-through rate
Average Sale Price: $50,833

Bonhams

Overall Total: $12.8M
78/153 lots sold: 51% sell-through rate
Average Sale Price: $164,553

Overall Top 10 Sales:

1. 1997 McLaren F1 GTR Longtail FIA GT Endurance Racing Coupe sold for $3,850,000*
2. 1966 Ford GT40 Coupe sold for $2,205,000
3. 1966 Lola T70 Mk II GT Coupe sold for $324,000
4. 1937 Crocker V-Twin Motorcycle sold for $302,000
5. 1940 Crocker Big Tank V-Twin Motorcycle sold for $302,000
6. 1967 Ferrari 330 GTC Berlinetta sold for $299,800
7. 1937 Crocker V-Twin Motorcycle sold for $291,000
8. 1941 Tatra T87 Aerodynamic Saloon sold for $280,000
9. 1974 Ferrari 246 GTS Syder sold for $252,500
10. 1938 Aston Martin 15/98 Sports Tourer sold for $214,000

* Post-block sale. Final price is estimated.

Overall 2011 Results
Total: $10.3M
63/129 lots sold: 49% sell-through rate
Average Sale Price: $163,121

Russo and Steele

Cumulative Total: $8.6M
143/266 lots sold: 54% sell-through rate
Average Sale Price: $60,148

Overall Top 10 Sales:

1. 1965 Shelby Cobra 289 Roadster sold for $781,000
2. 1972 Ferrari 365 GTB/4 Daytona Coupe sold for $379,500
3. 1972 Ferrari Dino 246 GTS Targa sold for $363,000
4. 1956 Alfa Romeo Sprint Veloce Ultra Light Coupe sold for $302,500
5. 1974 Ferrari Dino 246 GTS Targa sold for $247,500
6. 2006 Mercedes-Benz SLR McLaren Roadster sold for $237,600
7. 1966 Shelby GT350 Fastback sold for $236,500
8. 1953 Chevrolet Corvette Roadster sold for $170,500
9. 1959 Devin SS Roadster sold for $165,000
10. 2009 Bentley Arnage T Sedan sold for $145,200

2011 Cumulative Results
Cumulative Total: $8.3M
146/228 sold: 63%
Average Sale Price: $56,911