Monterey 2014: Auction results and photo gallery

The transformation of Monterey during the magical Monterey Classic Car Week is a complete one, as car nuts descend upon the Peninsula from all corners of the globe. Many of them bring their best driving cars with them, so the streets are heavily peppered with machinery you won’t see parked anywhere else.

With approximately 4,637,289 events wedged into these seven days, it’s impossible for any one person to hit them all. Heck, Hagerty had a whole crew there, and we couldn’t even get to every event. But we made it to a bunch, from tours and races to auctions and concours.

In between we witnessed some amazing sales results (More than $400 million!) and saw history made at Pebble Beach, where a 1954 Ferrari 375 MM became the first post-war car to win Best of Show since 1968.

Monterey is always chance to reconnect with the people and automobiles that make the old-car world hum, and we were happy to be there. And to document it. We hope you enjoy what you see.

The auctions, as usual, saw some fairly jaw-dropping results: Total dollars for all auction houses combined hit around $430M, and the top car of the week – a 1962 Ferrari 250 GTO Coupe – sold for more than $38M, setting a new record for most expensive car sold at auction.

Here are the top sales from the week (note that these figures are preliminary as of 8/20/2014 and will continue to rise in the next few days as auction companies close post-block deals):

Overall Top 10 Sales from all auctions (excluding Rick Cole):

1. 1962 Ferrari 250 GTO Coupe sold for $38,115,000 (Bonhams)
2. 1964 Ferrari 275 GTB/C Speciale Coupe sold for $26,400,000 (RM Auctions)
3. 1961 Ferrari 250 GT California SWB Spyder (closed headlight) sold for $15,180,000 (Gooding)
4. 1964 Ferrari 250 LM Coupe sold for $11,550,000 (RM Auctions)
5. 1967 Ferrari 275 GTB/4 Coupe sold for $10,175,000 (RM Auctions)
6. 1953 Ferrari 250 MM Coupe sold for $7,260,000 (Bonhams)
7. 1965 Ford GT40 Prototype Roadster sold for $6,930,000 (RM Auctions)
8. 1962 Ferrari 250 GT SWB Speciale Aerodinamica Coupe sold for $6,875,000 (Bonhams)
9. 1958 Ferrari 250 SI Cabriolet (closed headlight) sold for $6,820,000 (Bonhams)
10. 1959 Ferrari 250 SI Cabriolet (open headlight) sold for $5,610,000 (Gooding)

Overall Top 10 Sales from all auctions:

1. 1962 Ferrari 250 GTO Coupe sold for $38,115,000 (Bonhams)
2. 1964 Ferrari 275 GTB/C Speciale Coupe sold for $26,400,000 (RM Auctions)
3. 1961 Ferrari 250 GT California SWB Spyder (closed headlight) sold for $15,180,000 (Gooding)
4. 1965 Ferrari 275 GTB Competizione Clienti Coupe sold for $13,200,000 (Rick Cole)
5. 1964 Ferrari 250 LM Coupe sold for $11,550,000 (RM Auctions)
6. 1967 Ferrari 275 GTB/4 Coupe sold for $10,175,000 (RM Auctions)
7. 1953 Ferrari 250 MM Coupe sold for $7,260,000 (Bonhams
8. 1965 Ford GT40 Prototype Roadster sold for $6,930,000 (RM Auctions
9. 1962 Ferrari 250 GT SWB Speciale Aerodinamica Coupe sold for $6,875,000 (Bonhams)
10. 1958 Ferrari 250 SI Cabriolet (closed headlight) sold for $6,820,000 (Bonhams)