Between Barrett-Jackson, RM Auctions, Gooding & Company and Bonhams, this weekend saw over $292 million in classic cars and trucks change hands in Scottsdale, Arizona. These are the top ten most valuable lots, a list dominated by Ferraris – starting with the $9.6-million 250 LM.
This rare Miura SV, one of only five converted at the factory to Jota specification, promises to be the most expensive Lamborghini ever sold at auction... if it meets its pre-sale estimate of $2-2.6 million.
The history books are filled with defunct American automakers, from Duesenberg and Studebaker to Plymouth and Pontiac. But few of them are as missed by vintage automobile enthusiasts as Mercer. The company only operated between 1909 and 1925, but in that short span of time it produced one of the earliest, most successful racing machines: the legendary Type 35R Raceabout.
We know from many, many years of watching classic car auctions, that there are certain qualities that ensure big money. For example, putting tiny silver horses and/or yellow badges on a red car will probably bring in a lot of cash. This is doubly true if said car hails from the 1950s or 1960s, and it's triply true if some dude drove it around in circles or if a celebrity owned it. That, friends, is how you make the serious dosh at auction.
Although the vast majority of eyeballs were tuned to the madness at Barrett-Jackson this past weekend, that televised car auction wasn't the only high-dollar game in Arizona. RM Auctions brought its usual gaggle of exotic wares to the desert, and the car that came out on top sold for much more than Barrett-Jackson's highest sale, the Batmobile.
The Dean V. Kruse Foundation is hard at work scrounging up cash to pay off some serious debt, and that work has led the organization to auction off more than half of the vehicles contained in the National Military History Center collection. If you're looking for World War II-era armor, consider this your one-stop shop. Want a 1941 Krupp Flak gun? No problem. How about a 1944 Steyr full-track? This Auctions America sale has you covered. The listing even includes rarities like a 1943-44 Dragon Wag
The Ferrari 250 GT California Spyder may have been introduced to the mainstream by the classic 1986 John Hughes' film Ferris Bueller's Day Off (of course, that car was a replica), but the iconic convertible has long been one of the most desirable collector cars for those in the know. With a little over 100 built, California Spyders rarely come up for sale, and when they do, they bring big money. Back in 2008, a 1961 model set a record for a car sold at auction with a $10.9 million price tag.
Few marques get auto collectors riled up quite like Ferrari, and of classic Ferraris, few are as highly sought-after as the legendary Testa Rossa. We're talking, of course, about the 50s-era roadster (as opposed to the 80s-era cheesegrater supercar), and the originals continue to fetch top dollar (or euro) whenever and wherever their fortunate owners are willing to part with them.
By the early 1950s, Alfa Romeo had grown tired of dominating (and spending huge sums of money on) grand prix racing, and shut down its program. Along with it, a program to develop a small-displacement two-liter V8 was aborted. But Alfa couldn't keep away from racing altogether for very long, and by the early 60s the factory noticed that its customers were competing in endurance sportscar races and set about fielding its own works effort.
When collectors like Bob and Paul Milhous sell off their entire collection, you know it's going to be a momentous occasion. And that's just what it was when RM Auctions dropped the hammer on a staggering array of classic automobiles, mechanical musical instruments and various other collectibles in Boca Raton over the weekend.
There are any of a number of places you'd expect to find a Ferrari: at the race track, on the auction block, in the showroom, parked in front of the swankiest restaurants in town... To see one in the water usually spells trouble, but history is not without its exceptions.
Cars get their names from a wide variety of sources: animals, places, the founders of the company that makes them... Some, of course, have completely meaningless names concocted by marketing departments, or bear alphanumeric codes that show where they stand in the company's line-up. But this car was named for a king.
The world is replete with private auto collections that rival the best any museum has to offer. But no one person could have compiled the kind of spectacle that is the Milhous Collection – the embodiment of the life's work and collective wealth of brothers Bob and Paul Milhous of Boca Raton, Florida.
Supercars play a volatile and ever-changing game of one-upmanship. With each new generation outperforming the last, it takes something truly special to endure the test of time. The Ferrari F40 is such an icon.
We can't tell you how many times we've each been asked about concept cars, "Why can't I buy one of those?" Well you can. Not often, mind you, and not cheaply. But every once in a while, one of those glitzy concepts you see on a show stand comes up for sale. And now, it's time to grab your checkbooks.
The unfortunate reality of a post-JFK, post-9/11 America means that our president needs to be hidden away from public view, and the details of his high-security transportation are just as hidden. But there was a time when the leader of the free world was paraded around for all to see, and for three presidents of these United States, this was the car in which they met their constituents.