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RM Auctions sees 20 cars sell for $1 million or more in Monterey

by Zach Bowman (RSS feed) on Aug 20th, 2012 at 1:31PM

If there's a recession afoot, no one told the bidders at Saturday's RM Auctions sale. A total of 13 cars went home to new owners for $1 million or more, including a 1956 Ferrari 250 GT LWB Berlinetta TdF at $6.71 million. The '56 was hardly the star of the evening, however, as 1962 Ferrari 250 GT short-wheelbase California Spyder fell under the gavel at $8.58 million. The Italian automaker only built 37 250 GT SWB Spyders with covered headlights, and this particular example has the benefit of being both Ferrari Classiche-certified and a Pebble Beach Concours d'Elegance class winner. A... Read More

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