RM Sports & Classic of Monterey Auction - Click above for high-res image gallery
After selling off the Nick Alexander Woodie collection on Thursday, RM continued with their Sports & Classics of Monterey auction this past weekend. The sale was highlighted by a 1952 Jaguar C-Type that was originally owned and raced by the late Phil Hill. The legendary driver's son, Derek Hill, drove the car up on stage where bidding immediately passed $1,000,000 on its way to a $2,530,000 final selling price.
Despite the downward trend of the collector car market, RM managed to sell 85% of the 239 cars it offered last weekend. In addition to the C-Type, several other notable cars found new homes, including a 1955 Aston Martin DB3S that sold for $1,980,000 and a Duesenberg Model SJ Disappearing Top Convertible Coupe with a final sale price of $1,430,000. Some of the no-sales included a 2006 Bugatti Veyron 16.4 with a top bid of $900,000, a 1938 Talbot Lago T120 that went unsold at $950,000, and a 1953 Ferrari 166MM Spider Scaglietti that didn't meet its reserve despite being bid to $1,100,000. You can read more about the auction in RM's press release after the jump.