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Final figures for Monterey auction release; Gooding & Company occupies top spot


 
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final figures for monterey auction release gooding amp company occupies top spot

Monterey has always been one of the biggest car auction weekends in the world. This year’s event, which recently concluded last August 13-15, saw a total of 836 cars of all varieties being held up for auction.

Of the 836 cars, 558 were sold for a total of $118,296,823. While the numbers are impressive in all aspects, this year’s figure was actually 17 percent less than what the event took last year ($138,996,425)

The top money-maker this year was Gooding & Company, which sold over $50,753,850 worth of exotic cars, including a 1962 Ferrari 250 GT SWB California Spyder – that’s a long name – which sold for a whopping $5.1 million.

Coming in second was RM with a total amount of $35,522,600, including a special edition Phil Hill Jaguar C-Type that was purchased for $2.5 million.

Continued after the jump.


Even the new-comers fared pretty well at their inaugural auction. With 204 cars on sale, auction rookie Mecum sold 105 of them for a lump total of $14,249,725. The company’s biggest sale also happened to be a true vintage one-of-a-kind vehicle in the 1965 Shelby Cobra Daytona Coupe – the only US made vehicle ever to win the FIA GT Championship – which was bought for a mind-blowing $7.25 million.

Rounding out the rest of the auctioneers were Bonham & Butterfields, which sold a total of $13,193,083 and Russo and Steele taking up last place with just $4,973,565.

Suffice to say, the auction did surprisingly especially when you consider that the global economic crisis has forced a lot of people – vintage car collectors included – to be more stringent with their expenses.




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