The Monterey Car Week auctions left the collector car world in a state of shock. Sales totals were expected to be similar to 2018 when 850 cars sold for US$370 million but when the hammer fell for the final time in Monterey, just 770 cars had fetched $245 million – a shortfall of 80 cars and $125 million, or 34 percent down.
While there was no $48.4 million Ferrari 250 GTO this year, all the major yardsticks were down considerably – market analysis from Hagerty showed sell-through rates dropped from 62 percent in 2018 to 58 percent in 2019, and the the average price fell from $436,849 to $319,610.
Just why sales fell so dramatically is still just speculation, though David Undercoffler at Forbes puts a plausible argument that changes to Section 1031 of the US tax code could be a major factor in the equation.
Another key factor is the generational change we have been discussing for several years. The massive baby boomer generation prefers the poster cars of its youth, and as it is being replaced by newer generations, the new money is going to newer cars. With baby boomers (born 1946 to 1964) now aged 55 to 75, and beginning to sell off their cars, the prices of their poster cars are set for an increase in supply and a decrease in demand, so prices will fall.
Regardless, most readers will have their favorite cars and hence the overall state of the market is of little relevance compared to the prices fetched by your particular favorites, so what follows is a car-by-car illustration of the 120 highest bid cars of Monterey 2019. As you'll see, roughly half of those bids were not considered high enough to be accepted, resulting in a "no sale."
No Sale | 1954/1959 Ferrari 0432M
High Bid: $20,000,000
Auction House: Mecum
Estimate: Refer to auction house
Official Auction Page
$19,805,000 | 1994 McLaren F1 "LM-Specification"
Auction House: RM-Sotheby's
Estimate: from $21,000,000 to $23,000,000
Official Auction Page
No Sale | 1939 Porsche Type 64
High Bid: $17,000,000
Auction House: RM-Sotheby's
Estimate: Refer to auction house
Official Auction Page
$9,905,000 | 1958 Ferrari 250 GT LWB California Spider
Auction House: Gooding & Company
Estimate: from $11,000,000 to $13,000,000
Official Auction Page
No Sale | 1962 Ferrari 250 California SWB Spider
High Bid: $9,400,000
Auction House: RM-Sotheby's
Estimate: from $10,500,000 to $13,000,000
Official Auction Page
$8,145,000 | 1962 Ferrari 250 GT SWB Berlinetta
Auction House: RM-Sotheby's
Estimate: from $8,000,000 to $10,000,000
Official Auction Page
No Sale | 1953 Aston Martin DB3S Works
High Bid: $7,500,000
Auction House: RM-Sotheby's
Estimate: from $8,750,000 to $10,500,000
Official Auction Page
$7,650,000 | 1965 Ford GT40 Roadster Prototype
Auction House: RM-Sotheby's
Estimate: from $7,000,000 to $9,000,000
Official Auction Page
No Sale | 1962 Ferrari 196 SP by Fantuzzi
High Bid: $7,000,000
Auction House: RM-Sotheby's
Estimate: from $8,000,000 to $10,000,000
Official Auction Page
$6,385,000 | 1965 Aston Martin DB5 "Bond Car"
Auction House: RM-Sotheby's
Estimate: from $4,000,000 to $6,000,000
Official Auction Page
$6,800,000 | 1958 Ferrari 250 GT Series I Cabriolet
Auction House: Gooding & Company
Estimate: from $7,000,000 to $8,000,000
Official Auction Page
$6,000,000 | 1975 Ferrari 312T
Auction House: Gooding & Company
Estimate: from $6,000,000 to $8,000,000
Official Auction Page
$5,100,000 | 1960 Porsche 718 RS 60 Werks
Auction House: RM-Sotheby's
Estimate: from $5,750,000 to $7,750,000
Official Auction Page
$5,100,000 | 1958 Ferrari 250 GT Tour de France Berlinetta
Auction House: Gooding & Company
Estimate: from $5,500,000 to $6,000,000
Official Auction Page
No Sale | 1955 Ferrari 375 MM Coupe Speciale by Ghia
High Bid: $4,700,000
Auction House: RM-Sotheby's
Estimate: from $5,000,000 to $7,000,000
Official Auction Page
No Sale | 1953 Alfa Romeo 6C 3000 CM Superflow IV
High Bid: $4,300,000
Auction House: Gooding & Company
Estimate: from $6,000,000 to $8,000,000
Official Auction Page
No Sale | 1959 Porsche 718 RSK "Center-Seat" Spyder
High Bid: $3,700,000
Auction House: Bonhams
Estimate: Refer to auction house
Official Auction Page
$3,635,000 | 1951 Ferrari 340 America Coupe Speciale
Auction House: Bonhams
Estimate: Refer to auction house
Official Auction Page
$3,600,000 | 1961 Aston Martin DB4 GT
Auction House: Gooding & Company
Estimate: from $4,000,000 to $4,500,000
Official Auction Page
$3,520,000 | 2006 Ferrari FXX
Auction House: RM-Sotheby's
Estimate: from $2,850,000 to $3,250,000
Official Auction Page
No Sale | 1952 Ferrari 225 Sport Spider by Vignale
High Bid: $3,350,000
Auction House: RM-Sotheby's
Estimate: from $4,000,000 to $5,000,000
Official Auction Page
$3,000,000 | 1995 Ferrari F50
Auction House: RM-Sotheby's
Estimate: from $3,000,000 to $3,500,000
Official Auction Page
$2,947,500 | 2014 Ferrari LaFerrari
Auction House: RM-Sotheby's
Estimate: from $2,900,000 to $3,400,000
Official Auction Page
$2,755,000 | 1939 Alfa Romeo Tipo 256 Coupe
Auction House: Gooding & Company
Estimate: from $2,750,000 to $3,500,000
Official Auction Page
$2,750,000 | 1967 Ferrari 275 GTB/4
Auction House: Mecum
Estimate: from $2,500,000 to $3,000,000
Official Auction Page
No Sale | 1937 Delahaye 135M Competition Court Roadster
High Bid: $2,750,000
Auction House: Bonhams
Estimate: from $3,250,000 to $3,750,000
Official Auction Page
No Sale | 1954 Maserati A6GCS by Fiandri & Malagoli
High Bid: $2,700,000
Auction House: RM-Sotheby's
Estimate: from $3,250,000 to $3,750,000
Official Auction Page
No Sale | 1961 Ferrari 400 Superamerica SWB Coupe Aerodinamico by Pininfarina
High Bid: $2,700,000
Auction House: RM-Sotheby's
Estimate: from $2,900,000 to $3,500,000
Official Auction Page
$2,645,000 | 1913 Isotta Fraschini Tipo IM
Auction House: Gooding & Company
Estimate: from $3,000,000 to $4,000,000
Official Auction Page
$2,640,000 | 2014 Ferrari LaFerrari
Auction House: Mecum
Estimate: from $2,750,000 to $3,500,000
Official Auction Page
No Sale | 1947 Delahaye 135MS Figoni et Falaschi Narval Cabriolet
High Bid: $2,600,000
Auction House: Mecum
Estimate: Refer to auction house
Official Auction Page
No Sale | 1965 Ferrari 275 GTB Long Nose Alloy
High Bid: $2,500,000
Auction House: Gooding & Company
Estimate: from $3,500,000 to $4,000,000
Official Auction Page
No Sale | 1961 Aston Martin DB4GT
High Bid: $2,500,000
Auction House: RM-Sotheby's
Estimate: from $3,000,000 to $4,000,000
Official Auction Page
No Sale | 2017 Pagani Huayra Roadster
High Bid: $2,500,000
Auction House: RM-Sotheby's
Estimate: from $2,750,000 to $3,250,000
Official Auction Page
No Sale | 2014 Ferrari LaFerrari
High Bid: $2,450,000
Auction House: Gooding & Company
Estimate: from $2,800,000 to $3,200,000
Official Auction Page
No Sale | 1997 Ferrari F50
High Bid: $2,400,000
Auction House: Gooding & Company
Estimate: from $2,800,000 to $3,200,000
Official Auction Page
No Sale | 1985 Ferrari 288 GTO
High Bid: $2,350,000
Auction House: RM-Sotheby's
Estimate: from $2,550,000 to $2,800,000
Official Auction Page
No Sale | 1966 Ferrari 275 GTB Alloy by Scaglietti
High Bid: $2,300,000
Auction House: RM-Sotheby's
Estimate: from $2,900,000 to $3,500,000
Official Auction Page
No Sale | 1962 Ferrari 400 Superamerica Series I Coupe Aerodinamico
High Bid: $2,300,000
Auction House: Gooding & Company
Estimate: from $2,800,000 to $3,400,000
Official Auction Page
$2,205,000 | 1969 Ferrari 365 GTS by Pininfarina
Auction House: RM-Sotheby's
Estimate: from $2,250,000 to $2,750,000
Official Auction Page
No Sale | 1930 Bentley 6½-Litre 'Speed Six' Sportsman’s Saloon by H.J. Mulliner
High Bid: $2,200,000
Auction House: RM-Sotheby's
Estimate: from $2,600,000 to $3,200,000
Official Auction Page
No Sale | 1931 Bentley 4 1/2 Liter Supercharged 'Birkin Le Mans Replica' Tourer
High Bid: $2,200,000
Auction House: Bonhams
Estimate: from $2,750,000 to $3,750,000
Official Auction Page
$2,040,000 | 1930 Duesenberg Model J Sport Berline
Auction House: Gooding & Company
Estimate: from $2,000,000 to $2,500,000
Official Auction Page
$2,040,000 | 2014 Pagani Huayra Tempesta "Scozia"
Auction House: RM-Sotheby's
Estimate: from $2,000,000 to $2,400,000
Official Auction Page
$1,985,000 | 1966 Ferrari 275 GTB
Auction House: RM-Sotheby's
Estimate: from $2,200,000 to $2,400,000
Official Auction Page
No Sale | 2014 Ferrari Sergio
High Bid: $1,900,000
Auction House: Gooding & Company
Estimate: from $2,500,000 to $3,000,000
Official Auction Page
$1,765,000 | 1967 Ferrari 330 GTS
Auction House: Gooding & Company
Estimate: from $2,000,000 to $2,400,000
Official Auction Page
$1,765,000 | 1965 Aston Martin DB5 Shooting Brake by Radford
Auction House: RM-Sotheby's
Estimate: from $1,000,000 to $1,400,000
$1,710,000 | 1993 Porsche 964 Carrera RS 3.8
Auction House: Gooding & Company
Estimate: from $1,600,000 to $1,800,000
Official Auction Page
No Sale | 1988 Porsche 959 Sport
High Bid: $1,700,000
Auction House: Gooding & Company
Estimate: from $2,000,000 to $2,400,000
Official Auction Page
$1,682,500 | 1991 Ferrari F40
Auction House: RM-Sotheby's
Estimate: from $1,500,000 to $1,800,000
Official Auction Page
$1,672,000 | 1965 Ferrari 275 GTB
Auction House: Gooding & Company
Estimate: from $1,500,000 to $1,800,000
Official Auction Page
$1,625,000 | 1953 Fiat 8V Supersonic
Auction House: Bonhams
Estimate: from $1,750,000 to $1,950,000
Official Auction Page
$1,600,000 | 1952 Ferrari 212 Inter Coupe
Auction House: Gooding & Company
Estimate: from $1,700,000 to $2,000,000
Official Auction Page
No Sale | 1965 De Tomaso P70 by Fantuzzi
High Bid: $1,600,000
Auction House: Bonhams
Estimate: from $2,000,000 to $3,000,000
Official Auction Page
No Sale | 2015 Aston Martin Vulcan
High Bid: $1,550,000
Auction House: Gooding & Company
Estimate: from $2,000,000 to $2,500,000
Official Auction Page
$1,517,500 | 1961 Ferrari 250 GT Cabriolet Series II by Pininfarina
Auction House: RM-Sotheby's
Estimate: from $1,500,000 to $1,800,000
Official Auction Page
$1,435,000 | 1955 Mercedes-Benz 300 SL Gullwing
Auction House: Gooding & Company
Estimate: from $1,300,000 to $1,600,000
Official Auction Page
$1,380,000 | 1965 Shelby 427 Cobra
Auction House: Bonhams
Estimate: from $1,275,000 to $1,475,000
Official Auction Page
$1,352,500 | 1955 Mercedes-Benz 300SL Gullwing Coupe
Auction House: Bonhams
Estimate: from $1,350,000 to $1,550,000
Official Auction Page
$1,325,000 | 1936 Bugatti Type 57 Atalante
Auction House: Gooding & Company
Estimate: from $1,750,000 to $2,250,000
Official Auction Page
No Sale | 2015 Porsche 918 "Weissach" Spyder
High Bid: $1,325,000
Auction House: Bonhams
Estimate: from $1,600,000 to $1,900,000
Official Auction Page
$1,325,000 | 1963 Aston Martin DB5 Convertible
Auction House: RM-Sotheby's
Estimate: from $1,350,000 to $1,500,000
Official Auction Page
No Sale | 1955 Mercedes-Benz 300 SL Gullwing
High Bid: $1,300,000
Auction House: Gooding & Company
Estimate: from $1,500,000 to $1,800,000
Official Auction Page
No Sale | 1932 Auburn 12-160A Boattail Speedster
High Bid: $1,300,000
Auction House: Bonhams
Estimate: from $1,800,000 to $2,400,000
Official Auction Page
$1,297,500 | 1941 Mercedes-Benz 540 K Cabriolet A
Auction House: Gooding & Company
Estimate: from $1,500,000 to $2,200,000
Official Auction Page
$1,226,000 | 1959 Bentley S1 Continental Drophead Coupe by Park Ward
Auction House: RM-Sotheby's
Estimate: from $900,000 to $1,200,000
Official Auction Page
No Sale | 1932 Duesenberg Model J Victoria Coupe by Judkins
High Bid: $1,250,000
Auction House: RM-Sotheby's
Estimate: from $1,400,000 to $1,800,000
Official Auction Page
$1,242,500 | 2017 Ford GT
Auction House: RM-Sotheby's
Estimate: from $1,200,000 to $1,500,000
Official Auction Page
$1,210,000 | 1955 Mercedes-Benz 300SL Gullwing Coupe
Auction House: Russo & Steele
Estimate: from $1,200,000 to $1,400,000
Official Auction Page
No Sale | 2019 McLaren Senna
High Bid: $1,200,000
Auction House: RM-Sotheby's
Estimate: from $1,350,000 to $1,650,000
Official Auction Page
No Sale | 1974 BMW 3.5 CSL IMSA
High Bid: $1,200,000
Auction House: RM-Sotheby's
Estimate: from $1,500,000 to $2,200,000
Official Auction Page
$1,193,000 | 2005 Porsche Carrera GT
Auction House: RM-Sotheby's
Estimate: from $1,200,000 to $1,500,000
Official Auction Page
No Sale | 1966 Aston Martin Short-Chassis Volante
High Bid: $1,175,000
Auction House: RM-Sotheby's
Estimate: from $1,400,000 to $1,800,000
Official Auction Page
$1,160,000 | 1927 Bentley 6½-Litre Le Mans Sports in the style of Vanden Plas
Auction House: RM-Sotheby's
Estimate: from $900,000 to $1,200,000
Official Auction Page
$1,105,000 | 1931 Studebaker Special Indy Car
Auction House: Gooding & Company
Estimate: from $500,000 to $750,000
Official Auction Page
$1,105,000 | 1955 Lincoln Indianapolis Exclusive Study by Boano
Auction House: RM-Sotheby's
Estimate: from $800,000 to $1,000,000
Official Auction Page
No Sale | 1996 Porsche 911 GT2
High Bid: $1,100,000
Auction House: RM-Sotheby's
Estimate: from $1,250,000 to $1,400,000
Official Auction Page
No Sale | 1989 Ferrari F40
High Bid: $1,100,000
Auction House: Bonhams
Estimate: from $1,200,000 to $1,500,000
Official Auction Page
No Sale | 1947 Delahaye 135M Guillore Cabriolet
High Bid: $1,100,000
Auction House: Mecum
Estimate: from $1,500,000 to $2,000,000
Official Auction Page
No Sale | 1962 Aston Martin DB4 'GT Engine' Series IV
High Bid: $1,100,000
Auction House: RM-Sotheby's
Estimate: from $1,400,000 to $1,800,000
Official Auction Page
$1,100,000 | 1966 FerrariI 275 GTS
Auction House: Mecum
Estimate: from $1,100,000 to $1,400,000
Official Auction Page
No Sale | 2019 McLaren Senna
High Bid: $1,050,000
Auction House: Gooding & Company
Estimate: from $1,400,000 to $1,600,000
Official Auction Page
No Sale | 1965 Shelby 427 Cobra
High Bid: $1,050,000
Auction House: RM-Sotheby's
Estimate: from $1,250,000 to $1,500,000
Official Auction Page
$1,050,000 | 2017 Ford GT '66 Heritage Series
Auction House: Bonhams
Estimate: from $1,250,000 to $1,900,000
Official Auction Page
$1,050,000 | 2008 Bugatti Veyron 16.4
Auction House: RM-Sotheby's
Estimate: from $1,100,000 to $1,300,000
Official Auction Page
No Sale | 1990 Ferrari F40
High Bid: $1,050,000
Auction House: Gooding & Company
Estimate: from $1,200,000 to $1,400,000
Official Auction Page
$1,045,000 | 1965 Shelby 289 Cobra
Auction House: Mecum
Estimate: from $900,000 to $1,200,000
Official Auction Page
No Sale | 1957 Mercedes-Benz 300 SL Roadster
High Bid: $1,000,000
Auction House: RM-Sotheby's
Estimate: from $1,200,000 to $1,400,000
Official Auction Page
$995,000 | 1969 Ferrari 365 GTB/4 Daytona
Auction House: Gooding & Company
Estimate: from $1,200,000 to $1,500,000
Official Auction Page
No Sale | 1955 Lancia Aurelia B24S Spider America by Pinin Farina
High Bid: $975,000
Auction House: RM-Sotheby's
Estimate: from $1,250,000 to $1,500,000
Official Auction Page
$962,500 | 1965 Shelby Cobra Roadster 289
Auction House: Russo & Steele
Estimate: from $1,100,000 to $1,200,000
Official Auction Page
No Sale | 1989 Jaguar XJR-10
High Bid: $950,000
Auction House: Gooding & Company
Estimate: from $1,500,000 to $2,000,000
Official Auction Page
No Sale | 1938 Lagonda V-12 Rapide Drophead Coupe
High Bid: $940,000
Auction House: RM-Sotheby's
Estimate: from $1,200,000 to $1,500,000
Official Auction Page
No Sale | 1966 Shelby 427 Cobra
High Bid: $925,000
Auction House: RM-Sotheby's
Estimate: from $1,100,000 to $1,250,000
Official Auction Page
$935,000 | 1958 Mercedes-Benz 300SL Roadster
Auction House: Russo & Steele
Estimate: from $925,000 to $1,100,000
Official Auction Page
No Sale | 1934 Packard Twelve Individual Custom Convertible Sedan by Dietrich
High Bid: $925,000
Auction House: RM-Sotheby's
Estimate: from $1,200,000 to $1,400,000
Official Auction Page
$907,000 | 2017 Ferrari F12TDF
Auction House: Bonhams
Estimate: from $975,000 to $1,100,000
Official Auction Page
$830,000 | 1925 Renault 40 CV Torpédo Skiff
Auction House: Gooding & Company
Estimate: from $900,000 to $1,200,000
Official Auction Page
$825,000 | 1965 Aston Martin DB5 Sports Saloon
Auction House: Bonhams
Estimate: from $1,000,000 to $1,300,000
Official Auction Page
No Sale | 1937 Packard Twelve Convertible Victoria by Rollston
High Bid: $825,000
Auction House: RM-Sotheby's
Estimate: from $900,000 to $1,200,000
Official Auction Page
No Sale | 1955 Alfa Romeo 1900C SS Coupe
High Bid: $820,000
Auction House: Gooding & Company
Estimate: from $1,000,000 to $1,300,000
Official Auction Page
No Sale | 1928 Bentley 4 1/2 Litre Sports Tourer
High Bid: $800,000
Auction House: Gooding & Company
Estimate: from $1,000,000 to $1,300,000
Official Auction Page
No Sale | 1958 Mercedes-Benz 300 SL Roadster
High Bid: $800,000
Auction House: Gooding & Company
Estimate: from $1,000,000 to $1,250,000
Official Auction Page
$786,000 | 1938 Bugatti Type 57C Stelvio
Auction House: Gooding & Company
Estimate: from $1,200,000 to $1,400,000
Official Auction Page
$742,500 | 1935 Auburn 851 SC Boattail Speedster
Auction House: Mecum
Estimate: from $1,200,000 to $1,400,000
Official Auction Page
No Sale | 1964 Shelby 289 Cobra
High Bid: $725,000
Auction House: RM-Sotheby's
Estimate: from $825,000 to $900,000
Official Auction Page
No Sale | 1952 Siata 8V Berlinetta
High Bid: $710,000
Auction House: Bonhams
Estimate: from $850,000 to $950,000
Official Auction Page
No Sale | 1939 Lagonda V-12 Rapide Drophead Coupe
High Bid: $700,000
Auction House: Gooding & Company
Estimate: from $900,000 to $1,200,000
Official Auction Page
No Sale | 1959 Lister-Jaguar Sports Racer
High Bid: $680,000
Auction House: Gooding & Company
Estimate: from $1,000,000 to $1,400,000
Official Auction Page
No Sale | 1956 Mercedes-Benz 300 Sc Cabriolet
High Bid: $675,000
Auction House: RM-Sotheby's
Estimate: from $800,000 to $1,000,000
Official Auction Page
No Sale | 1963 Shelby 289 Cobra DragonSnake
High Bid: $675,000
Auction House: Mecum
Estimate: from $750,000 to $1,000,000
Official Auction Page
No Sale | 1962 Aston Martin DB4 'SS Engine' Series IV
High Bid: $670,000
Auction House: RM-Sotheby's
Estimate: from $780,000 to $1,000,000
Official Auction Page
No Sale | 1914 Rolls-Royce Silver Ghost Landaulette by Barker
High Bid: $665,000
Auction House: RM-Sotheby's
Estimate: from $700,000 to $900,000
Official Auction Page
No Sale | 1938 Talbot-Lago T120 Roadster
High Bid: $650,000
Auction House: Mecum
Estimate: from $900,000 to $1,100,000
Official Auction Page
No Sale | 1952 Allard J2 Roadster
High Bid: $625,000
Auction House: Mecum
Estimate: from $800,000 to $1,200,000
Official Auction Page
No Sale | 1956 Mercedes-Benz 300 Sc Roadster
High Bid: $625,000
Auction House: RM-Sotheby's
Estimate: from $800,000 to $1,000,000
Official Auction Page
$621,000 | 1958 Ferrari 250 GT Coupe
Auction House: Bonhams
Estimate: from $750,000 to $950,000
Official Auction Page
$605,000 | 1898 Riker Electric Stanhope
Auction House: Worldwide
Estimate: Refer to auction house
Official Auction Page
No Sale | 2005 Ford GT PB1-1 "Nardo"
High Bid: $570,000
Auction House: Mecum
Estimate: from $800,000 to $1,000,000
Official Auction Page
$550,000 | 1948 Delahaye 135MS Cabriolet
Auction House: Gooding & Company
Estimate: from $550,000 to $700,000
Official Auction Page
No Sale | 2018 Aston Martin Vanquish Zagato Coupe
High Bid: $500,000
Auction House: RM-Sotheby's
Estimate: from $600,000 to $800,000
Official Auction Page
No Sale | 1947 Rolls-Royce Silver Wraith Inskip Convertible
High Bid: $500,000
Auction House: Mecum
Estimate: from $500,000 to $750,000
Official Auction Page
