Second day of RM's Monterey auction continues the million dollar madness

Sun, 18 Aug 2013

RM Auctions' two-day event during the Monterey car week is pretty much a matter of appetizer and main course. Friday night's appetizer saw a trio of multi-million-dollar Ferraris, along with a pre-war Mercedes-Benz and a Jaguar D-Type. You can read all about those beauties right here. But as we said in that post, the action would really happen on Saturday night. The prices listed below include RM's ten-percent commission fee, and, as you'll see, the auction house did pretty well for itself.

We've already told you about the $27.5 million winning bid for the 1967 Ferrari 275 GTB/4 NART Spyder, with all the profits headed to charity. While there were more seven-figure winners on night two, the overall prices weren't quit as high as we saw on Friday night. The Ferrari F50 (pictured above) shown during the car's Geneva debut back in the 1990s and with only 1,100 miles on the clock took $1,677,500 (on a $1.25 to $1.6 million estimate). Another winner was a 1935 Hispano-Suiza K6 Cabriolet, which brought in $2,255,000 on a $1.5 to $2 million estimate. A 1974 McLaren M16C Indianapolis, the race winner of the 1974 Indy 500, brought home $3.52 million, essentially doubling its expected price of $1.25 to $1.75 million.

The night wasn't a success for everybody, though. The 1928 Mercedes-Benz 680S Torpedo Roadster, which took Best In Show at the 2012 Pebble Beach Concours d'Elegance failed to reach its $10-million expectations, selling for $8.25 million. That's not peanuts by any stretch, but a car that only goes for about 80 percent of its expected price isn't something to be enthusiastic about. A 1960 Maserati Tipo 61 Birdcage, which was expected to go for $3 to $4 million only took in $2,090,000.

Many more vehicles crossed the stage during last night's auction. Scroll down for some of the other highlights of the evening, and then check out the gallery above to see some of the finest models cross the stage. Here are a few of the notables:

1960 Aston Martin DB4GT - $2,200,000

1971 Ferrari 365 GTB/4 Daytona Spider (starred in Gumball Rally movie in 1976) -$1,650,000
1961 Ferrari 250 GT Cabriolet Series II - $1,100,000
1990 Ferrari F40 - $1,155,000
1954 Ferrari 500 Mondial Spider Series I - $3,520,000
1953 Maserati A6G/2000 Spyder - $2,530,000
1953 Maserati A6GCS/53 Spyder - $2,420,000 (no sale)
1955 Mercedes-Benz 300SL Gullwing - $1,265,000
1968 Toyota 2000GT - $935,000

By Brandon Turkus