RM Sotheby's 2015 Monterey Auction Sets New Record

Jason Siu
by Jason Siu

The unofficial tally from RM Sotheby’s 2015 Monterey auctions from this past weekend sits at a cool $172.7 million.

If the total stands, it’ll officially be a record for the highest grossing collector car auction of all time and marks a 20 percent jump on the company’s 2014 performance.

At least 35 vehicles sold for over $1 million and four lots exceeded $10 million with the 1964 Ferrari 250 LM seen above getting $17.6 million. Other vehicles that broke the $10-million mark include a 1998 McLaren F1 “LM-Specification” that netted $13.75 million, a 1953 Jaguar C-Type Works Lightweight for $13.2 million and a 1956 Ferrari 250 GT Berlinetta Competizione “Tour de France” for $13.2 million.

SEE ALSO: Final Ferrari Enzo Fetches $6.05M at Auction

The three-day event saw numerous collector Ferrari models cross the block with over half of the top 10 vehicles sold sporting the Prancing Horse moniker. The first day of the RM Sotheby’s Monterey auction also set a new record for a private automobile collection sold during a single-day sale, with the Pinnacle Portfolio netting $75.4 million on Thursday evevning.

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Jason Siu
Jason Siu

Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.

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