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.
In the charged atmosphere at day two of RM's Monterey auctions, a record-setting sum of money changed hands in exchange for one of the most exclusive Ferraris of all time. The 1967 Ferrari 275 GTB/4 NART Spider blew away expectations last night, selling for a gavel price of $25 million and a total bill (after RM's 10-percent fee) of $27.5 million. Even in a room filled to bursting with collectors ready to spend millions on rolling sculpture, the sale price caused a major hubbub.
The New York Times' Wheels blog has a really interesting story on a pair of Ferraris that are set to be auctioned off in Monterey during the Pebble Beach Concours d'Elegance. While the two cars are similar on the surface, their differing histories and Ferrari's attitude towards one of them has led to a sort of experimental auction process.
It isn't every day that the rarest of Ferrari models change hands. In fact, you can count your fingers to get the number of 275 GTB/4*S N.A.R.T. Spyders that ever existed. The 1967 Ferrari you see here is one of those ten Spyders, and it has stayed in the same family since it was bought new.