An award-winning 1961 250 GT SWB was the most expensive at $8.3 million.
At the RM Sotheby’s Monterey sale, alongside a $22-million Aston Martin, a collection of 13 iconic road-going Ferraris crossed the auction block. The group boasted more than 50 years of heritage, low mileage, and meticulous maintenance by its consigner. Now, all of the cars in the collection have gone to new homes.
The most expensive car of the bunch, a platinum-award- winning 1961 250 GT SWB, went home for a whopping $8.3 million after an extended bidding war, making it the second most expensive car of the weekend for RM Sotheby's. The classic was completely restored to concours standards, and features no modifications. It’s number 110 of 165 examples ever built, and one of just two cars in the entire collection offered that doesn’t wear the iconic Rosso Corsa red found on other models.
Gallery: Ferrari Performance Collection
Another highlight included a 1967 275 GTB/4, which sold for a cool $3.25 million, pushing it just out of the top 10 in overall sales for RM. Bearing the chassis number 10147, the GTB in question was imported to the U.S. in 1967, and wears the factory-correct Rosso over Pelle Nera finish with matching numbers. Complete with original tool roll, handbook, and Ferrari Classiche certification, it should make for a stunning addition to any collection.
Others supercars in the collection included a 1991 F40, which exceeded early estimates and sold for $1.54 million, a 275 GTB/6, which went home for $3.57 million, also exceeding expectations, and a 1972 Daytona Spider, which sold for $2.17 million. All told, all the cars in the collection combined for a total of $16.5 million.
In addition to the 13 cars in the classic Ferrari collection, a handful of others iconic Ferraris crossed the auction block. A 2015 LaFerrari sold for an impressive $3.41 million, and a 1955 121 LM Spider sold for a whopping $5.72 million, just to name a few.
Source: RM Sotheby's
Tonight in Monterey, California, the second evening of RM Sotheby’s flagship auction was a resounding success, with nearly all lots sold and several exceeding pre-sale expectations. The night was led by the Ferrari Performance Collection, a single-owner group made up of 13 iconic road-going Ferraris which brought a total of more than $16.5 million. The group, which spanned over 50 years of the marque’s rich heritage, boasted low-mileage and had been carefully maintained by the current private owner.
The top price of the evening was set by a Platinum Award-winning 1961 250 GT SWB which sold for a final $8,305,000 after an extended bidding contest. Restored to concours-level, the automobile was one of the last Ferraris made that was eligible to be raced at events such as the 24 Hours of Le Mans with little or no modification in period. Further highlights included a 1967 275 GTB/4, another respected and famed Sixties Ferrari road car, that sold for $3,250,000, while a 1991 F40 exceeded the estimate of $1.3/1.5m to fetch $1,540,000.
Beyond the single-owner group, Ferraris achieved strong prices throughout the sale with a 1965 275 GTB/6C Alloy comfortably exceeding the $2.9 – 3.4 m estimate to sell for $3,575,000 and a 1972 365 GTB/4 Daytona Spider, that had been unseen for 20 years before the pre-sale view, realizing $2,172,500 (est. $1.6/2m). Porsche also saw strong prices with a 1951 Porsche 356 1500 Coupe comfortably exceeding the high estimate to fetch $1,017,500 (est. $600,000 – $700,000).
In addition to icons of the 1960s and 70s, there was strong demand for supercars in tonight’s session: a 2015 Ferrari LaFerrari sold for $3,410,000 (est. $3 – 3.8 m), a Porsche 918 Spyder from 2015 beat expectations when it sold for $1,842,500 (est. $1.2/1.6 m), and a 2014 Pagani Huayra Tempesta with only 640 miles from new realized $2,420,000 (est. $2.2/2.8 m).
Saturday night’s success follows the record-breaking sale of the 1956 Aston Martin DBR1/1 on Friday, which achieved $22,550,000 to set a new benchmark for any British automobile at auction. Official results and a complete post-sale release including overall total to follow.