Monterey, 21st August, 2023 |
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Buyers could not get enough of the iconic German marque Porsche, and reimagined models such as the
1997 Porsche 911 Remastered by Gunther Werks commanded $1.5M and the 1991 Porsche 911
Reimagined by Singer – Classic Study sold at $1.4M—both over their estimates. The highly original 1988
Porsche 959 Komfort sold for $1.7M, a staggering more than half million over its high estimate. |
Porsches aside, a stunning white 2012 Lexus LFA broke a world record, selling over estimate at $1.1M. Not
surprisingly, the Italian marque of Ferrari saw high demand, with a 2011 Ferrari 599 GTO selling for $1M, and
a 2005 Ferrari Superamerica selling for $978K—both over high estimates. Overall, these figures highlight
the insatiable demand for younger and later model sports cars. The rise of nostalgia for the late '80s and '90s
era, coupled with the scarcity of well-maintained examples, also contributes to their appeal, which was
evident throughout Monterey Car Week. |
Certainly the talk of the weekend was the presentation of the barn-find Lost & Found Collection, with results
that reaffirm the allure of rare, significant Ferraris remains undiminished. Notably, the 1954 Ferrari 500
Mondial Spider Series I by Pinin Farina, a battle-scarred gem, fetched an astonishing $1,875,000, while
the legendary 1965 Ferrari 275 GTB/6C Alloy by Scaglietti commanded an eye-popping $3,305,000.
Additionally, the 1956 Ferrari 410 Superamerica Coupe Series I by Pinin Farina, showcasing its
timeless beauty beneath the wear and tear, changed hands for a substantial $2,810,000. |
Following an exhaustive 11-month restoration that took the entirety of 2022, RM Auto Restoration unveiled the
stunning 1937 Mercedes-Benz 540 K Special Roadster on the concours field this past Sunday. The result
was an unprecedented win with Best of Show honors, marking the team's second consecutive Best of Show
win at the Pebble Beach Concours d’Elegance for a total of eight. |